Japan's 30-year government bond yield surpasses 3%, hitting a nearly two-month high.

According to ChainCatcher news reported by CoinDesk, Japan's 30-year government bond yield has risen by more than 30 basis points in the past three days, breaking through the 3% mark, reaching the highest level since May 23. The 40-year yield also climbed 15 basis points to 3.36%. Market analysis suggests that the rise in yields reflects investors' concerns about fiscal policy ahead of the Japanese Senate election. Analysts point out that the linkage of U.S. and Japanese bond yields may exacerbate global interest rate volatility and put pressure on risk assets, including Bitcoin. The results of the 20-year government bond auction to be held by the Japanese Ministry of Finance this Thursday are highly anticipated.