Crypto
Bond markets wobble but bitcoin stays calm as Japan 10-year yield tops 3 percent
Bitcoin traded around $77,000 without a clear direction as long-term government bond yields surged in Japan and the United States. Japan’s 10-year yield reached 3 percent for the first time since 1996 and the 30-year yield topped 4.18 percent. U.S. 10-year yields rose to 4.78 percent. Markets focused on a U.S. Treasury plan to expand bond buybacks, policy constraints in Japan and the United States, and commentary on dollar liquidity.
