From The Economic Times · Reuters · · 1m 10s
Japan Bond Yields Hit Record High
Japan's 30-year government bond yield reaches 4.235% as PM Takaichi prepares policy speech.
In brief
Japan's 30-year government bond yield reaches 4.235% as PM Takaichi prepares policy speech. Japan's 30-year government bond yield hit a record high of 4.235% ahead of Prime Minister Sanae Takaichi's policy remarks. Originally reported by The Economic Times.
Japan's 30-year bond yield hits record high
Japan's 30-year government bond yield rose to a record high of 4.235% on Monday.
Market watches PM Takaichi's policy speech
Market participants are closely watching Prime Minister Sanae Takaichi's policy speech after local media reported she expected to pledge a nimble response to economic developments.
Yields on shorter bonds dip
Yields on Japan's shorter-maturity bonds fell, with the two-year JGB yield declining 1.5 basis points to 1.9%.
Investors wary of fiscal challenges
Investors have grown increasingly concerned that Prime Minister Takaichi's spending plans could worsen Japan's fiscal position since she took office a year ago.
Analyst warns of policy shift
Daiwa Securities strategist Masahito Sugawara said yields could rise if Takaichi maintains expansionary policy unchanged.
Yields on 10-year bonds fall
The 10-year JGB yield fell 2 basis points to 3.08% as investors adjusted expectations.
What it means
Japan's 30-year government bond yield hit a record high of 4.235% ahead of Prime Minister Sanae Takaichi's policy remarks.
