Japan’s 20-Year Bond Yield Rises to 1997 High on Inflation Woes

Japan’s 20-year government bond yield rose above its January peak to the highest level since 1997, signaling renewed pressure in the long end of the JGB market. Rising energy prices are adding to inflation concerns, which may keep upward pressure on yields and tighten financial conditions.

Analysis

Japan’s 20-year government bond yield rose above its January peak to the highest level since 1997, signaling renewed pressure in the long end of the JGB market. Rising energy prices are adding to inflation concerns, which may keep upward pressure on yields and tighten financial conditions.