Japanese government bonds rose on Friday as cooling inflation reduced the urgency for central bank rate hikes and Prime Minister Sanae Takaichi reiterated her pledge to pursue “responsible” fiscal policy. The yield on ten-year Japanese government bonds fell by 3.5 basis points (bps) to 2%. The yield on two-year bonds, the most sensitive to the […]
The Nikkei stock average broke above 58,000 for the first time on Thursday, joining a rare three-way rally with government bonds (JGBs) and the yen as markets digested the fallout from Prime Minister Sanae Takaichi’s historic election victory. The benchmark Nikkei 225 Index rose 0.3% to 57,816.14 after hitting a high of 58,015.08 earlier in […]
The return on the 30-year government bond of Japan rose to a record high on Tuesday, which extended the climb of the previous session after the ruling party had chosen Fiscal Dove Sanae Takaichi as a leader, who set up her to become the next Prime Minister of the country. Ten-year-old JGB proceeds also marked […]