Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Good morning. Today is Monday, December 1st, and I'm your host, Kim Khan, filling in for Julie Morgan.

A sharp jump in Japanese government bond yields to the highest level since 2008 is rippling through global markets,

stoking carry trade concerns, and weighing on risk assets. JGB's sold off after Bank of Japan

Governor Kazuo Yueda telegraphed a rate increase this month. The two-year yield, the most

sensitive to policy expectations, rose above 1%, its highest level since 2008.

The five-year yield climbed close to 1.4%, while the benchmark tenure jumped above 1.85%,

the highest level since 2008 as well, and again strengthened versus the dollar.

Ueda said, if the outlook for economic activity and prices outlined so far as realized,

the bank will continue to raise the policy interest rate and adjust the degree of monetary

accommodation.

U.S. Stock Index futures fell, and Bitcoin sank below $87,000, as investors assessed the risk

that rising JGB yields could unwind long-standing yen-funded carry trades.

Japanese institutions have been major buyers of overseas bonds, including U.S. treasuries,

and higher domestic yields raise the risk of capital being repatriated.

Society General's strategist Albert Edwards, who refers to himself as an Uber bear,

recently described the surge in JGB yields as the most significant

threat to global markets since the post-crisis era of bond yield suppression began, warning it

could undermine the equity bull market. Data Analytics company Databricks is in discussions to raise

about $5 billion at a $134 billion valuation, which is nearly 32 times this year's expected sales of

about $4.1 billion. That's according to the information. Data Bricks, whose competitors

include data cloud platforms such as Snowflake, has raised its sales forecasts at least twice this

...