Skip to content

Bond Traders Who Faced Irrelevance Make a Comeback in Japan

  • Volatility index for Japanese government bonds surges
  • Bank of Japan policy under scrutiny as global rates climb
Updated on

Things are looking up for long-suffering traders of Japanese government bonds.

After years of subdued price swings caused by central bank intervention, a key gauge of volatility in the 1 quadrillion yen ($7.4 trillion) market has surged in recent weeks to the highest level since 2008. That’s boosting demand for JGB traders, with Nomura Holdings Inc. noting signs of intensifying competition for talent.