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Is the govt debt bubble finally starting to come apart? Negative yield on short term USTs would say no, but several commentators posited Japan as the weakest link.
Japan worried about steep rise in bond yields
Hirohisa Fujii, Japan’s finance minister, on Tuesday said he was highly concerned about the recent rise in long-term government bond yields, which threaten to increase the cost of funding for one of the world’s most indebted governments.
Yields on benchmark 10-year Japanese government bonds closed at 1.47 per cent, close to the highest level for five months, after rising steadily in recent weeks.
Japan worried about steep rise in bond yields
Hirohisa Fujii, Japan’s finance minister, on Tuesday said he was highly concerned about the recent rise in long-term government bond yields, which threaten to increase the cost of funding for one of the world’s most indebted governments.
Yields on benchmark 10-year Japanese government bonds closed at 1.47 per cent, close to the highest level for five months, after rising steadily in recent weeks.
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