The long-term bond yields of the US and Japan are soaring, with institutions issuing warnings one after another.

Global long-term bond yields continue to soar. Last week, both U.S. and Japanese bonds experienced problems, with the 20-year Japanese and U.S. bond auctions receiving a cold reception, leading to a continuous rise in long-term bond yields in the United States and Japan. Several institutions have warned that the long-term bond markets in developed countries are facing vulnerability, as bond supply is increasing while the number of buyers is decreasing. This situation is unlikely to improve quickly in the short term, so the yields on long-term government bonds may continue to rise.