Japan’s Super-Long Bonds Slump as Tariffs Fuel Fiscal Concerns
Pedestrians in the Ginza district of Tokyo.
Photographer: Noriko Hayashi/BloombergThis article is for subscribers only.
Japan’s super-long government bond yields surged on Monday on speculation that authorities will order an extra budget draft in response to tariffs that have rattled global financial markets this month.
The 20-year yield soared seven basis points to 2.435%, its highest level since 2004, while the 30-year rate jumped 12 basis points to 2.845%.