According to CoinMeta, as rising oil prices have sparked new concerns about inflation, the yield on Japanese government bonds has increased, with the five-year yield hitting a record high, and the two-year yield reaching its highest level since May 1995. The market expects the Bank of Japan to further tighten its policies due to the heightened risk of imported inflation. Despite the increase in domestic yields, the yen has not yet found support, as external factors such as rising long-term U.S. yields, rising oil prices, and a stronger dollar continue to dominate the market. The U.S. Consumer Price Index data on Wednesday will be a key factor affecting the trend of the dollar and global yields.