BOJ Rate Hike Speculation Sparks Asia Selloff and Bond Yield Surge
TL;DR Summary
Asian markets experienced a selloff triggered by rising Japanese bond yields and bets on a BOJ rate hike, leading to a significant drop in Bitcoin and other cryptocurrencies, with over $646 million in leveraged liquidations across major exchanges.
- Asia Morning Briefing: BOJ Rate-Hike Bets Trigger Asia Selloff and Bitcoin Slide CoinDesk
- Yen and bond yields rise after BoJ governor hints at rate increase Financial Times
- 2-Year JGB Yield Hits 1.000% for First Time in 17 Years The Wall Street Journal
- 2-year Japan government bond yields rise above 1% on BOJ hike speculation Nikkei Asia
- Japan’s Two-Year Bond Yield Reaches 1% for First Time Since 2008 Bloomberg.com
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
3 min
vs 4 min read
Condensed
94%
629 → 38 words
Want the full story? Read the original article
Read on CoinDesk