Latest news with #ratesstrategists
Wall Street Journal
09-07-2025
- Business
- Wall Street Journal
JGBs Edge Lower, Weighed by Fiscal Fears
0025 GMT — JGBs edge lower in the morning Tokyo session, weighed by fiscal fears. These worries in Japan are pushing up 30-year yields worldwide, ING's rates strategists say in a research report. 'We find it difficult to find factors that would bring a halt to the strong upward momentum in 30-year global rates from a structural perspective,' the strategists add. Yields on ultralong JGBs have risen sharply in recent sessions amid concerns over a possible issuance increase to finance a likely stimulus package by a new Japanese government. The 10-year JGB yield is up 0.5bp at 1.490%. (
Wall Street Journal
08-07-2025
- Business
- Wall Street Journal
Ultralong JGBs Slip Amid Fiscal Worries
0019 GMT — Ultralong JGBs slip in price terms in the morning Tokyo session amid fiscal worries. Campaigning for Japan's upper-house election on July 20 started late last week, with the political parties proposing various stimulus measures that could require increased debt issuance. 'Fiscal concerns continue to put upward pressure on longer-dated rates in many rates markets and will continue to do so,' ING's rates strategists say in a note. Regarding President Trump's tariffs announcement overnight, 'it seems like the market is choosing not to pre-suppose bad-case outcomes. Instead preferring to wait and see what actually happens,' the strategists add. The 30-year JGB yield rises 3.5bps to 3.000%. (
