09-07-2025
Market Girds for Pivotal 20-Year Japan Bond Sale as Yields Rise
An auction of 20-year Japanese government bonds Thursday will beam the searchlight back on rising yields as a looming election heightens concerns about fiscal expansion.
The sale is just one of several in major debt markets this week as increasing yields on some longer maturities show how investors are worried about widening budget deficits. The 30-year Japanese bond yield breached the key 3% level on Tuesday again, in sight of the peak reached in May, and the 20-year yield is near the highest in about 25 years.