What the news says
Higher U.S. Treasury yields typically increase the relative appeal of dollar-denominated fixed income, which can pressure demand for JGBs and weigh on their valuations. This dynamic directly affects JPY carry trade positioning and cross-currency bond spreads between Japan and the U.S.
07/24, 07:22 AM
Japanese government bonds declined as U.S. Treasury yields rose.
Japanese government bonds declined as U.S. Treasury yields rose.
Affected assets
FirstSquawk
07/24, 07:22 AM
Related updates
FirstSquawk · 07/24, 06:55 AM
Market reactionJapanese investors sold ¥714.4 billion of foreign bonds and ¥121.3 billion of foreign stocks for the week ended July 17, while foreign investors sold ¥185.1 billion of Japanese bonds and ¥76.6 billion of Japanese stocks.
financialjuice · 07/23, 11:05 AM
Market reactionA poll shows 58% of economists are very or somewhat worried about the impact of JGB yield rise on Japan's debt-financing costs in the next 2-3 years.
FirstSquawk · 07/23, 07:29 AM
Market reactionJapanese government bonds fell, tracking declines in US Treasuries.
FirstSquawk · 07/16, 08:21 AM
High impactJapan announces a 2.8 trillion yen treasury discount bill auction.
FirstSquawk · 07/25, 08:00 AM
Market reactionJapanese bond investors are primed to react to any changes at the Government Pension Investment Fund as the country shifts to expansionary fiscal policy.
financialjuice · 07/23, 11:05 AM
Market reactionA poll shows 86% of economists expect the Bank of Japan to raise its key interest rate to 1.25% by end-2024, up from 79% in June.
LiveSquawk · 07/22, 02:32 PM
Market reactionBoJ is said to be open to raising rates faster than every six months, with officials viewing recent yen weakness as an upside inflation risk, though a July rate hold is widely expected after the June hike.
FirstSquawk · 07/22, 09:09 AM
Market reactionThe 40-year Japanese government bond yield rose to 3.895%, up 0.5 basis points.
financialjuice · 07/22, 06:50 AM
High impactJapan's June exports to Asia rose 22.7% year on year, according to MOF data.
jin10 · 07/21, 10:18 PM
Market reactionPresident Trump said he would handle a possible Red Sea blockade if it occurs.
financialjuice · 07/17, 01:56 PM
Market reactionJapan PM Takaichi stated the government will pursue steps encouraging investment in domestic financial assets by households and pension funds like GPIF.
FirstSquawk · 07/17, 01:11 PM
Market reactionJapan's Finance Minister Katayama stated the government is monitoring financial markets and economic conditions while working to steadily reduce the debt-to-GDP ratio.
FirstSquawk · 07/17, 08:20 AM
High impactJapan offered ¥3.8 trillion worth of Treasury discount bills in its latest debt sale.
FirstSquawk · 07/17, 07:38 AM
Market reactionJapan's Finance Minister Katayama stated officials are prepared to act decisively whenever required.
FirstSquawk · 07/16, 10:19 AM
Market reactionA Bank of Japan official warned that delaying adjustment of stimulus policies could fuel inflation risks and trigger a future economic downturn.
FirstSquawk · 07/16, 09:15 AM
Market reactionJapan aims to expand domestic and overseas investor participation in JGBs.
financialjuice · 07/16, 08:54 AM
Market reactionJapan's Finance Minister Katayama stated that the Bank of Japan should determine monetary policy tools.
FirstSquawk · 07/16, 07:56 AM
Market reactionJapanese government bonds showed mixed results as investors balanced gains in U.S. Treasuries against rising oil prices.
jin10 · 07/15, 10:00 PM
Market reactionChinese domestic futures closed mixed overnight, with PTA down over 2%, synthetic rubber up over 1%, and plastic and soybean meal up nearly 1%.