Bank of Japan’s policy shift could impact yields globally

From youtube.com/yahoofinance

"The Bank of Japan is anticipated to reverse its negative interest rate policy in 2024. Japan's 10-year bond yields sit at 0.9% currently, becoming more enticing to domestic investors as rates normalize. Japanese buyers are the largest foreign holders of U.S. Treasuries and the Bank of Japan's policy shift could prompt Japanese investors to restore money back into their home country's bonds. If this occurs, it would reduce Japanese demand for Treasuries globally.