Japan's 20-year government bond yield climbed 15 basis points, hitting 3.405% in recent trading. This uptick signals shifting sentiment in the fixed-income market and reflects broader movements across global debt securities. The rise comes as investors reassess yield expectations amid changing economic conditions. Such movements in JGB yields typically ripple through Asia-Pacific markets and can influence capital flows into alternative assets, including digital currencies. Traders are monitoring how persistent this upward pressure on long-term rates will be, as sustained higher yields could reshape portfolio allocations across regions.