Japan’s 30-Year Government Bond Yield Surpasses 3%, Hitting Nearly Two-Month High

According to ChainCatcher, citing CoinDesk, Japan's 30-year government bond yield has surged more than 30 basis points over the past three days, breaking through the 3% mark and reaching its highest level since May 23. The 40-year yield also climbed 15 basis points to 3.36%. Market analysts believe the rising yields reflect investor concerns over fiscal policy ahead of Japan's House of Councillors election.

Analysts point out that the correlation between US and Japanese bond yields could intensify global interest rate volatility, potentially putting pressure on risk assets including Bitcoin. The results of the 20-year government bond auction by Japan's Ministry of Finance this Thursday are drawing significant attention.