Japan's 30-year bond yield hits record 4.2%
- —Japan's 30-year bond yield hit a record 4.223%, the highest since 1999
- —The 10-year yield rose to 3.055%, the highest since August 1996
- —The Bank of Japan raised rates to 1.25% on September 18, the highest since 1995
- —Debt servicing will require 36.64 trillion yen in fiscal 2027
Why it matters: Higher Japanese yields raise the risk of a yen carry trade unwind, which in 2024 sent BTC and ETH down about 20%.
Source: BeInCrypto IT