Global Financial Markets React to Japan's Bond Yield Surge

According to Odaily, Japan's 30-year government bond yield has surpassed 3%, marking a historic high and triggering a ripple effect across global financial markets. The country's government debt now accounts for 234% of its GDP, and recent comments by Prime Minister Shigeru Ishiba have heightened concerns about fiscal sustainability. While the yen's exchange rate is traditionally more influenced by short-term interest rate differentials, a continued sell-off in the bond market could lead to capital inflows that strengthen the yen in the short term. Simultaneously, the U source: https://www.binance.com/en/square/post/24540799195818?utm_source=BinanceNewsRSS