Japan's 10-year government bond yield just climbed another 5 basis points, now sitting at 2.230%. This marks a notable uptick in JGB yields, signaling shifting expectations around interest rates and inflation dynamics in the world's third-largest economy. When bond yields rise like this, it typically reflects market expectations for higher rates ahead—a development that reverberates across global financial markets, including digital assets. Rising yields in major economies often strengthen the US dollar and put pressure on growth-oriented sectors. For crypto investors, this serves as a reminder that macroeconomic currents matter. The interplay between traditional fixed-income markets and risk assets like Bitcoin and altcoins continues to evolve as central banks navigate inflation concerns. Keep an eye on how this trend develops—Japanese monetary policy shifts don't happen in isolation.