The Bank of Japan’s decision to halt its bond-buying program has sent ripples through the market, resulting in a surge in yields. 30-year Japanese government bonds have surged to record highs of 3.20%, signaling potential economic turmoil and increased borrowing costs for the nation. Experts liken Japan’s fiscal position to that of Greece, highlighting the urgency for effective economic policy measures. This abrupt change in BOJ policy has drastically altered market dynamics. The immediate impact is evident in the record-high yields on long-term Japanese bonds. The 30-year yield has jumped by 100 basis points within just 45 days, according to Blockbeats News. This shift underscores the significant influence of policy changes on global financial stability.