Japan's central bank chief Ueda just announced they're ramping up Japanese Government Bond purchases to counter the recent wild swings in long-term rates. The BOJ seems caught off guard by how fast yields have been moving lately. This move signals they're serious about keeping borrowing costs under control, even as global bond markets stay choppy. For anyone tracking macro trends, sudden shifts in JGB buying patterns often ripple through risk assets—including digital markets—since Japan remains a major liquidity source. The timing matters too, with cross-market correlations tighter than usual these days.