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via BeInCrypto · By BeInCrypto Editorial

Japan's 30-Year Bond Yield Hits Record 4.2%: What Does It Mean for Bitcoin?

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BeInCrypto Editorial

(01:00 PM UTC)

1 min read

Updated byDavid Kim

0 comments

Japan’s 30-year bond yield climbed to a record 4.223% on Friday. That is the highest level since Tokyo first sold the maturity in 1999.

Borrowing costs are rising across the curve. The 10-year yield reached 3.055% on Thursday, its highest point since August 1996.

Why Japan’s 30-Year Bond Yield Keeps Climbing

Monetary policy is the first driver. The Bank of Japan (BOJ) raised rates to 1.25% on…

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