According to @BullTheoryio, Japan’s 20-year JGB yield reached 2.891% and the 10-year approached 1.84%, marking a breakout from decades of yield suppression and triggering a domestic capital reallocation, source: @BullTheoryio. Rising local yields and high FX hedging costs make foreign bonds less attractive for Japanese investors, driving repatriation flows and initiating a carry trade unwind, source: @BullTheoryio. As positions are unwound, investors sell foreign bonds, buy yen, and face higher carry costs, creating a feedback loop that lifts global yields and tightens liquidity across risk assets, source: @BullTheoryio. The exit of Japanese buyers from U.S. Treasuries contributes to higher Treasury yields and tighter global financial conditions, pressuring crypto and other risk markets, source: @BullTheoryio. Crypto reacts first due to 24/7 trading, with BTC and altcoins becoming more sensitive to JGB moves and experiencing elevated volatility during unwind phases, source: @BullTheoryio.

According to @business, Japanese stocks are set to rise Friday after US equity indexes hit fresh highs on an upbeat mood following the Federal Reserve’s first interest-rate cut of 2025. Source: Bloomberg @business, Sep 18, 2025. The Bank of Japan is being closely watched into the Tokyo session, adding event risk for the Nikkei 225 and USDJPY that can influence cross-asset positioning. Source: Bloomberg @business, Sep 18, 2025. Crypto traders are likely to monitor Asia’s open for risk sentiment spillover, keeping BTC and ETH liquidity and correlation moves in view as equities rally. Source: Bloomberg @business, Sep 18, 2025.

According to CryptoMichNL, this week is significant for Bitcoin traders due to the release of crucial macro-economic data. The schedule includes Retail Sales on Tuesday, the Federal Reserve meeting and FOMC decision on Wednesday, GDP, Bank of Japan, and GBP monetary decisions on Thursday, and PCE prices on Friday. These events are expected to introduce considerable volatility in Bitcoin prices.