Global Market: Japanese bond yields hover near multi-decade highs as inflation concerns persist
5 Articles
5 Articles
Global Market: Japanese bond yields hover near multi-decade highs as inflation concerns persist
Japanese government bond yields remained near multi-decade highs as persistent inflation, elevated oil prices and expectations of further Bank of Japan rate hikes weighed on sentiment. A strong 40-year bond auction offered some relief, with demand improving, but investors remain focused on inflation, fiscal expansion and the outlook for interest rates.
Japan's government bond auction for 40 years saw the strongest demand in six years, with high returns attracting investors, in a signal that global bond markets might give some support in the midst of current turmoil. The bid's bid requests reached 3.1 times the size of the bonds on offer, the highest coverage since 2020, compared to the previous 2.82 times the bid and the average of 12 [...] times the demand for long-term Japanese bonds recorde…
The bid-to-cover ratio for Japan's 40-year government bond auction reached its highest level since 2020.
Japan ' s 40-year government bond auction registered the strongest demand since 2020, referring to investors ' return to long-term debt with returns rising to attractive levels.
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