Japan's 30-year government bond yield just surged to a record 3.52%. This is significant. When traditional bond yields spike like this, it reshapes the entire investment landscape—money that might flow into risk assets gets pulled back to these safe-haven instruments. For crypto traders and holders, this matters. Rising yields tend to compress valuations across alternative assets. Watch how global markets absorb this data point; it could signal broader shifts in monetary policy stance and capital flow dynamics.