Direct relationship between JAP 10 year yield and VIX?With reference to my previous posts on the inverse relationship between the VIX and USBTC, I want to give another instrumental relationship to monitor the trend of VIX in order to get some clues on the inverse trend of USBTC through that.
The 10 year Japanese Gov. yield is in direct relationship to the VIX, though not too detailed but in line with its trends and major movements. As long we can expect the 10yJAP to increase - as it can be predicted right now due to rising inflation in Japan - we can expect the VIX as well to be elevated or rising. A break of the 10yJAP trend can be indicative of a change in the trend of the VIX and USBTC as well.