Japanese Government Bond Yield

The yen’s rally has pushed USD/JPY toward 153.61, with traders weighing US inflation, Bank of Japan rate expectations and the risk of renewed official intervention. Rising Japanese yields and possible institutional repatriation are adding a deeper structural layer to yen demand.

Bitcoin has rebounded this month as traders reassessed U.S. interest-rate risks after softer inflation commentary and weaker job growth. But a surge in Japanese government bond yields is pushing global borrowing costs higher, threatening to curb appetite for non-yielding risk assets such as BTC.