financetom
World
financetom
/
World
/
Benchmark JGB yields at 7-week high as election looms
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Benchmark JGB yields at 7-week high as election looms
Jul 13, 2025 6:51 PM

TOKYO, July 14 (Reuters) - Yields on benchmark Japanese

government bonds (JGBs) jumped to a seven-week high on Monday,

as concerns grew that an upcoming election would lead to more

fiscal expansion.

Prices for super-long-dated bonds sank last week, driving

yields sharply higher, as prospects dimmed that Prime Minister

Shigeru Ishiba's ruling coalition will retain its majority in

the upper house after a vote on July 20.

The potential defeat could give power to opposition parties

that have pledged in their campaign platforms to cut or abolish

the sales tax. Fiscal concerns and a drop in demand at debt

auctions triggered a surge in super-long yields to record levels

in late May. The Ministry of Finance this month trimmed its

issuance of super-long JGBs in response.

The 10-year JGB yield rose 5 basis points

(bps) to 1.55%, its highest since May 23.

The two-year yield rose 1.5 bps to 0.775%,

while the five-year yield rose 2.5 bps to 1.055%.

Super-long JGB yields were unchanged in early trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TSX Closer: The Index Rises to Another Record Despite Mixed April Inflation Data
TSX Closer: The Index Rises to Another Record Despite Mixed April Inflation Data
May 26, 2025
04:18 PM EDT, 05/20/2025 (MT Newswires) -- Canadian investors took up where they had left off last Friday, returning from the holiday weekend by pushing the Toronto Stock Exchange higher for a tenth-straight session and to yet another record close on Tuesday. The S&P/TSX Composite Index closed up 83.7 points tp 26,055.63. The biggest gainers were Telecoms, up 0.45%, followed...
European Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading
European Equities Traded in the US as American Depositary Receipts Rise in Tuesday Trading
May 26, 2025
11:06 AM EDT, 05/20/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were trending higher late Tuesday morning, rising 0.44% to 1,455.51 on the S&P Europe Select ADR Index. From continental Europe, the gainers were led by pharmaceutical company Novo Nordisk ( NVO ) and petroleum refiner Equinor ( EQNR ) , which increased 2.2%...
Gold Gains Over 1%; Amer Sports Posts Upbeat Earnings
Gold Gains Over 1%; Amer Sports Posts Upbeat Earnings
May 26, 2025
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 150 points on Tuesday. The Dow traded down 0.37% to 42,632.71 while the NASDAQ fell 0.43% to 19,132.73. The S&P 500 also fell, dropping, 0.42% to 5,938.36. Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 4%...
European Equities Close Higher in Tuesday Trading; UBS Expected to Lose Bid to Soften Swiss Capital Proposal
European Equities Close Higher in Tuesday Trading; UBS Expected to Lose Bid to Soften Swiss Capital Proposal
May 26, 2025
12:20 PM EDT, 05/20/2025 (MT Newswires) -- The European stock markets closed higher in Tuesday trading as the Stoxx Europe 600 rose 0.71%, Germany's DAX gained 0.34%, the FTSE 100 was up 0.94%, France's CAC 40 increased 0.75%, and the Swiss Market Index advanced 0.41%. In Germany, producer prices for industrial products declined 0.9% in April compared with a year...
Copyright 2023-2025 - www.financetom.com All Rights Reserved