@luffyd
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
What to know:
Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
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