Japan's December CPI inflation rate came in at 2.6%, down from 2.8% in November. 2.3% is a 17 month low even if over all of 2023 inflation was at a 41 year high in Japan. They [rightly] point out that inflation and inflation expectations are still far too high. The UST 10yr yield starts today at 4.13% and down -3 bps from this time Saturday. The bitcoin price starts this week a bit higher but still in its recent lower range.

Source: Stuff January 21, 2024 21:49 UTC