Hey All - With U.S. treasury yields going much higher (10-year yield, 10 bps) in a few short days, and the Japanese Yen hitting lows (USD/JPY 161.11), do you think we are about to see further inflation in the economy? I think these yields are rising because the Japanese are offloading their treasuries/selling dollars to defend a further currency collapse, but it hasn't been going too well.

From my half decade of experience in Bitcoin, I think it does a good job of acting as a positive or negative omen to where the market is headed. With that being said, do you think Bitcoin is sniffing out problems in the US Treasury market and the Japanese currency market?

We know that the German government is selling, miners are having to sell, Mt. Gox is about to sell and we are seeing ETF outflows, but do you think Bitcoin may also be seeing something in the U.S. Treasury market/ the Japanese yen as well? I understand the markets are complex and there is a lot that goes into it, but given Bitcoin tends to be the tip of the spear, do you think it is trying to tell us something about the health of one of the largest financial centers in the world (Japan)? I was thinking with Bitcoin that the opposite would happen if we see a large fiat currency collapse, so that is why I think this isn't related.

I'd love to hear everyone's thoughts! Happy July 4th everyone!