Japan's 30-year government bond yield just hit 3.52%—marking an all-time high. This is a significant milestone that's reshaping the global fixed-income landscape.

Why this matters: Rising long-term yields in a major economy like Japan typically signal tightening monetary conditions and shifting inflation expectations globally. When safe-haven assets become more attractive due to higher yields, it can pressure risk assets including crypto markets.

For traders watching macro trends, this data point is crucial. Higher Japanese bond yields alongside movements in US Treasuries and other developed-market debt are creating a ripple effect across asset classes. The question now is whether this shift continues to strengthen or stabilizes—something that will influence both traditional markets and crypto sentiment in the coming weeks.