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 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, […]