Japan's 2-year government bond (JGB) yield has ticked upward, now trading at 1.2%. The slight uptick reflects shifting market expectations around interest rate trajectories and inflation dynamics in the world's third-largest economy. For crypto traders and macro enthusiasts, JGB movements serve as a barometer for broader monetary policy trends across developed markets. As central banks worldwide navigate different monetary cycles, bond yield shifts like this often correlate with capital flow patterns that can influence risk appetite in digital asset markets.