After soaring for a week, it suddenly dropped! Long-term Japanese government bond yields experienced a roller coaster ride.
The Zhixiaofinancial APP noticed that after a week of rapid growth, the yields of Japanese 30-year and 40-year government bonds fell sharply by more than 10 basis points on Friday's closing. During the late trading session in Tokyo market, the 30-year yield fell to 3.055%, down 11.5 basis points in a single day, after hitting a record high earlier in the week. The 40-year yield also fell by 13.5 basis points to 3.540%.
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