JGB 17-year yield spike tests Bitcoin at $123k; is risk off back?
Japan’s 10-year authorities bond (JGB) yields reached ranges not seen since 2008, triggering a state of affairs that pressures Bitcoin by spot depth and order-book mechanics reasonably than direct correlation. The long-end selloff in Japanese authorities bonds pushes home yields increased, decreasing the motivation for Japan’s institutional traders to hunt returns in international markets. Life…
