The Japanese bond market has recently experienced significant fluctuations. The 10-year government bond yield rose by 3.0 basis points to 2.3%, hitting the highest level since February 1999. During the same period, the 20-year government bond yield also increased, rising by 4.0 basis points, currently quoted at 3.295%.
More notably, the 40-year government bond yield broke through the 4% mark for the first time since this bond type was introduced in 2007. From the overall Japanese bond market perspective, the upward trend in long-term yields is quite clear, reflecting a market re-pricing of future interest rate and inflation expectations. This steepening of the yield curve may also indicate that global macroeconomic policies will continue to impact the cryptocurrency market.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
3
Repost
Share
Comment
0/400
PancakeFlippa
· 5h ago
Japanese bonds are about to take off. The 40-year yield breaking 4% has directly set a record. The crypto world better catch its breath.
View OriginalReply0
QuorumVoter
· 5h ago
Japanese bonds are going crazy, with the 40-year yield breaking 4%. Now the whole world has to tremble along.
View OriginalReply0
ForkYouPayMe
· 5h ago
The Japanese bond market is really fierce this time. I didn't expect the 40-year yield to break 4%... Now cryptocurrencies are going to get hit again.
The Japanese bond market has recently experienced significant fluctuations. The 10-year government bond yield rose by 3.0 basis points to 2.3%, hitting the highest level since February 1999. During the same period, the 20-year government bond yield also increased, rising by 4.0 basis points, currently quoted at 3.295%.
More notably, the 40-year government bond yield broke through the 4% mark for the first time since this bond type was introduced in 2007. From the overall Japanese bond market perspective, the upward trend in long-term yields is quite clear, reflecting a market re-pricing of future interest rate and inflation expectations. This steepening of the yield curve may also indicate that global macroeconomic policies will continue to impact the cryptocurrency market.