Japan's 40-year government bond yield dipped 6.5 basis points, settling at 4.145%. This move reflects shifting expectations around monetary policy and global risk sentiment. For crypto markets, developments in major economies' bond yields matter—they influence capital flows, risk appetite, and cross-asset positioning. When long-dated yields fall, investors often reassess their allocation strategies across traditional and digital assets. Japan's bond market, being one of the world's largest, serves as a bellwether for broader economic momentum and inflation expectations. These macro signals ripple through markets, affecting how institutions calibrate their exposure to cryptocurrencies and emerging assets.