Japanese government bond yields rise to records as elections fuel budget concerns; stocks and yen fall

Japanese government bonds (JGBs) fell, sending yields to record highs, while Tokyo stocks and the yen also fell after Prime Minister Sanae Takaichi’s call for early elections shook confidence in the country’s fiscal health.Takaichi’s new campaign promise to cut sales taxes on food sent the yield on 20-year Treasury notes soaring as much as 19.5 […]

Japanese government bond yields are rising further due to concerns about Prime Minister Takaichi’s stimulus measures

Japanese government bonds (JGBs) remained under pressure on Tuesday, with 20-year yields hitting a 26-year high, as concerns mounted over a massive new stimulus. The 20-year Japanese government bond yield rose 7 basis points (bps) to 2.81%, the highest level since July 1999. The 10-year yield rose 2 basis points to 1.750%, a level not […]