Japan's 10-year government bond yield just pushed higher, gaining 2 basis points to sit at 2.180%. This upward move matters for the broader market—rising yields in developed economies typically signal shifting investor expectations around rates and inflation. For crypto participants, it's worth watching: when traditional bond yields climb, capital rotation dynamics can get interesting. Tighter monetary conditions abroad could influence how investors think about risk assets and alternative investments. Keep an eye on how this feeds into the larger narrative around global liquidity and market sentiment over the coming weeks.