Japanese government bonds are rising at a solid 30-year auction as snap elections loom

Longer-dated Japanese government bonds rose on Thursday on solid demand at a closely watched auction of ⁠30-year debt, even as a crucial election loomed on Sunday that would shape the government’s big fiscal stimulus plans.Yields on 30-year government bonds fell 6.5 basis points (bps) to 3.57% by 0611 GMT, while yields on 40-year bonds fell […]

Japan plans new debt issuance worth $189 billion in next year’s budget, draft shows

Japan plans to issue new government bonds worth about $189 billion to finance a record budget for next fiscal year, a draft reviewed by Reuters showed on Wednesday that underlined the government’s expansionary fiscal policy. The annual budget, which will be finalized on Friday, will be the first put together by Prime Minister Sanae Takaichi, […]