Japan's 40-year yield hits highest level since 2007.
Japanese government bond yields hit record highs amid global debt selloff and speculation of potential interest rate hikes by the BOJ.
Listen up! Japan’s 40-year government bond yield just hit its highest level since inception, clocking in at 2.755%. That’s right, folks, this is the highest we've seen since way back in 2007! Why? A global debt selloff and chatter about the Bank of Japan likely hiking interest rates soon.
Things didn't stop there; Japan’s 20-year yield also took a leap, hitting levels we haven't seen since May 2011. Global yields are rising, fueled by inflation fears and big 财务 deficits. Meanwhile, the U.S. is pumping out stronger-than-expected data, making traders rethink rate cut expectations from the Fed. Oh, and let’s not forget the impact of Trump’s victory shaking things up a bit. Buckle up, it's a wild ride out there!
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