Express
Japanese 30-Year Government Bond Yield Hits New Record of 3.445%
Summary: According to reports, the yield on Japanese 30-year government bonds touched a new record of 3.445% on Thursday morning, ahead of the Finance Ministry's sale of ¥700 billion in bonds in this range, with results to be announced in the afternoon. Sony Financial Group economist Takayuki Miyajima stated that speculation on a rate hike by ...
According to reports, the yield on Japanese 30-year government bonds touched a new record of 3.445% on Thursday morning, ahead of the Finance Ministry's sale of ¥700 billion in bonds in this range, with results to be announced in the afternoon. Sony Financial Group economist Takayuki Miyajima stated that speculation on a rate hike by the Bank of Japan and concerns about fiscal expansion are driving selling pressure, but with demand supported by high yields, the upcoming 30-year bond auction is expected to see stable results. Japanese government bond yields have been on the rise, reflecting market expectations of a rate hike in December by the Bank of Japan and concerns about a possible deterioration in Japan's fiscal situation.
