🚨 Japan's 10-year yield just hit 3.030% - highest since Sept 1996
This is NOT a drill. Japanese bonds getting absolutely rekt right now.
Why this matters for crypto:
- Yen carry trade unwinding = global liquidity crunch
- Risk-off flows accelerating
- Could trigger cascading deleveraging across all risk assets
Last time JGB yields spiked this hard, we saw major volatility in $BTC and alts. Watch your leverage.
This is NOT a drill. Japanese bonds getting absolutely rekt right now.
Why this matters for crypto:
- Yen carry trade unwinding = global liquidity crunch
- Risk-off flows accelerating
- Could trigger cascading deleveraging across all risk assets
Last time JGB yields spiked this hard, we saw major volatility in $BTC and alts. Watch your leverage.
