Japan's super-long yields hover near record highs on inflation, fiscal concerns
TOKYO (Reuters) -Japanese government bonds remained stable on Friday, after a volatile week in which super-long yields hit record highs as inflation and fiscal concerns sapped demand for debt. Yields on 20-, 30-, and 40-year Japanese government bonds have been climbing, fuelled by growing concerns over the country's worsening fiscal health, as some political parties advocate for consumption tax cuts to counter rising prices. Data on Friday showed Japan's core consumer inflation hit 3.5% in April, its fastest annual pace in more than two years, and keeping pressure on the Bank of Japan to continue raising interest rates.
Reuters
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1 hour ago
