According to Omkar Godbole (@godbole17), Japan's 30-year bond yield has reached a record high above 3%, narrowing the yield spread with U.S. 30-year bonds as the spread shows a head and shoulders technical breakdown. The 10-year yield spread has also peaked, suggesting a strengthening Japanese yen (JPY) trend. For crypto traders, a stronger JPY often signals risk-off sentiment in global markets, which can lead to increased volatility and potential downside for major cryptocurrencies like Bitcoin and Ethereum as investors seek safe-haven assets (source: Twitter, @godbole17, May 20, 2025).

According to André Dragosch on Twitter, the Japanese 30-year government bond yield has reached a new all-time high, surpassing its previous peak from December 2020 (source: Ministry of Finance Japan, cited by @Andre_Dragosch). This surge in long-term yield signals growing concerns over fiat currency stability and inflation risks, factors that often drive increased interest in Bitcoin and other cryptocurrencies as alternative stores of value. Crypto traders should monitor these macroeconomic shifts, as rising yields could trigger capital flows from traditional bonds to digital assets like Bitcoin, especially amid heightened discussions of fiat money insurance (source: @Andre_Dragosch).

According to Mihir (@RhythmicAnalyst), the Japanese 10-year bond yield experienced a significant decline after reaching its peak on March 20th. It has decreased by 13% today, marking a total drop of 26% from the peak level. This trend is important for traders monitoring the Japanese bond market as it indicates potential shifts in interest rates and economic policy.