Japan's 10-year Bond Yield Hits Highest Since 2008 in Potential Ill Omen for Risk Assets

Japan's benchmark 10-year government bond (JGB) yield rose to a 17-year high, reflecting concerns that could spill over to bond markets across other developed economies and reduce demand for riskier assets such as cryptocurrencies and equities.

The yield rose above 1.61%, the highest since…

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