Japan Bonds Slide, 30-Year Yield Hits Record High Amid Fiscal Worries
Japanese government bonds declined, pushing the 30-year yield to a record high. Investor sentiment is weak ahead of a 10-year note auction due to concerns over expansionary fiscal policies and contagion from a French debt selloff.
Japanese government bonds fell on Tuesday, pushing the 30-year yield to a record high, as investor sentiment stayed weak ahead of an auction of 10-year notes amid worries about Prime Minister Sanae Takaichi's expansionary fiscal policies and contagion from a French debt selloff. 8300 yen.