Macro· ★★★★· bearish·

Japan 10-year bond yield hits highest level since 1996

  • —Japan's 10-year JGB yield hit 3.075% on Sept 24, highest since 1996
  • —The yield climbed to about 3.115% on Sept 25
  • —German and French bond yields reached decade highs
  • —UK long-term borrowing costs hit levels last seen in the late 1990s
Why it matters: Rising yields raise the cost of money and make bonds more attractive versus risk assets, tightening liquidity and weighing on bitcoin demand.
Source: Siam Blockchain