CoinVoice has learned that, according to CoinDesk, Japan's 30-year government bond yield has risen by more than 30 basis points in the last three days, surpassing the 3% threshold and reaching its highest level since May 23. The 40-year yield has also climbed by 15 basis points to 3.36%. Market analysts believe that the rise in yields reflects investors' concerns about fiscal policy ahead of the Japanese Senate elections.
Analysts point out that the correlation between U.S. and Japanese bond yields may exacerbate global interest rate fluctuations and could put pressure on risk assets, including Bitcoin. The results of the 20-year government bond auction to be held by the Japanese Ministry of Finance this Thursday are highly anticipated.[Original link]