Japan bond yields surge #nikkeiasia #news #markets

Japan bond yields surge #nikkeiasia #news #markets

Japan’s bond market investors are increasingly concerned about the future of the country’s financial stability. This comes as Japanese people are set to hit the polls on Sunday to vote in the upper house election. So what happened is yields on 10-year, 20-year, 30-year government bonds surged this week, which means bond prices plummeted. Investors are concerned because the ruling coalition might lose its majority in the upper house election to opposition parties that are calling for consumption tax cuts. Japan’s finance minister said Tuesday that he will strive for quote appropriate fiscal management quote to keep investor confidence in the bond market. So I want to ask you guys, what are your thoughts on government bond yields surging not only here in Japan but also in other developed nations like the US and Germany? Let me know in the comments.

Investors in Japan’s bond market are growing concerned about the country’s financial stability ahead of this weekend’s national election.

Yields on 10-, 20-, and 30-year government bonds surged this week, driving bond prices down.

Japanese Finance Minister Katsunobu Kato said he will pursue “appropriate fiscal management” to maintain investor confidence.

For more on this story and other markets news, click here: https://s.nikkei.com/458lm63

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