In short

  • Japan's 10-year government bond yield reached 2.825%, the highest level since October 1996.

  • A record intervention of 73.6 billion yen (USD) failed as the BOJ's bond purchases decline.

  • Short yen positions near USD 11.3 billion echo the rise from August 2024.

Read the original story Why Japan's bond market could halt the stock and Bitcoin rally by Lockridge Okoth on se.beincrypto.com