According to Mihir (@RhythmicAnalyst), Japanese 10-year bond yields have surged by 4400% over the past three years, reaching a resistance level at 1.585%. This could indicate a potential top in the current market, which traders should monitor closely. The implications for trading strategy include a possible reversal or consolidation at this level, affecting bond market dynamics.

According to Mihir (@RhythmicAnalyst), the Japanese 10-year bond yields have climbed to a new high of 1.3%, which is causing concern for both Japan and global markets. This increase in bond yields indicates a shift in monetary policy expectations and could lead to higher borrowing costs, potentially impacting currency valuations and global investment strategies.