Japanese Government 10-Year Yield Highest Since 1997, Yen at 160 Despite Intervention Threats, But Bond Vigilantes Still Dead

Japanese Government 10-Year Yield Highest since 1997, Yen at 160 despite Intervention Threats, But Bond Vigilantes Still Dead

Inflation and the deteriorating yen pushed the Bank of Japan into a hawkish stance, and bond yields are on their own.

Japan’s 10-Year Bond Yield Hits Century High, Raising Questions for XRP

Abs Nassif, host of the Good Evening Crypto podcast and XRP enthusiast, highlighted a major development in Japan’s financial markets this week. Japan’s 10-year government bond yield has reached its highest level this century. Nassif emphasized the significance of this shift, noting the potential market impact. This move comes amid increasing concern about inflation fueled by energy costs and global market pressures. Investors are closely monitor…