Why Japan’s Bond Market Could Kill the Easy-Money Rally in Stocks and Bitcoin
Japan’s bond market stress deepened Monday as the 10-year yield touched 2.825%, its highest stage since October 1996. The surge threatens the straightforward cash that funded multi-year rallies in shares and Bitcoin (BTC). The yen trades close to 162 per greenback, its weakest since 1986, even after Tokyo spent a document sum defending it this…
