The Bank of Japan announced a hawkish adjustment to its yield curve control (YCC) program, raising the cap on the 10-year Japanese government bond yield from 0.5% to 1%; U.S. government bond yields also rose, including Risk assets, including Bitcoin, brought negative signals. Since 2016, the Bank of Japan’s YCC has been an important source of liquidity in global markets. Abandoning liquidity-boosting policies could have global ramifications. (Coin…