financetom
World
financetom
/
World
/
Japan's bond yields jump after poor outcome of 20-year debt auction
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's bond yields jump after poor outcome of 20-year debt auction
May 26, 2025 10:37 AM

TOKYO, May 20 (Reuters) - Japanese government bond

yields jumped on Tuesday as investors sold the securities after

poor results at an auction of 20-year bonds spurred worries

about demand for super-long debt.

The 10-year JGB yield vaulted 4.5 basis

points (bps) to 1.525%, its highest level since March 28, after

the finance ministry announced the results of the sale in the

early Tokyo afternoon.

Benchmark 10-year JGB futures were last down 0.19

yen at 139.06 yen. Bond yields move inversely to prices.

The 40-year yield surged 10 bps to 3.55%, the

highest level since the debt's inception in 2007.

The 20- and 30-year bonds, as well as the two-year note, had

yet to trade following the release of the auction details.

Mizuho strategist Shoki Omori called the auction results

"lacklustre", "highlighting persistent supply-demand softness in

the super-long sector and fueling concerns over who, if anyone,

will step in to buy."

Brokers and investors "appear reluctant to hold inventory,

raising the likelihood of a sell-off spiral that extends beyond

the 20-year tenor into both the 10-year and 30-year markets,"

Omori said.

The five-year yield rose 1.5 bps to 1.01%, the

highest since April 2, when U.S. President Donald Trump

announced his "Liberation Day" tariffs.

(Reporting by Kevin Buckland; Editing by Varun H K)

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 >
GLOBAL MARKETS-S&P 500, Dow notch record closing highs, crude slumps
GLOBAL MARKETS-S&P 500, Dow notch record closing highs, crude slumps
Oct 17, 2024
* China's stimulus announcement lacking in details * Dollar index touches ten-week high * Oil prices fall on softening demand worries * Bond market closed for Columbus Day (Updates to U.S. market close) By Stephen Culp NEW YORK, Oct 14 (Reuters) - U.S. stocks ended higher with a boost from technology shares amid light Columbus Day trading on Monday, while...
GLOBAL MARKETS-Wall St advances with a boost from chips, gold hits record high
GLOBAL MARKETS-Wall St advances with a boost from chips, gold hits record high
Oct 17, 2024
* U.S. retail sales beat estimates * Gold touches record high * ECB cuts rates by 25 bps (Updates to 14:44 EDT) By Stephen Culp NEW YORK, Oct 17 (Reuters) - U.S. stocks followed their European counterparts higher and gold touched an all-time high on Thursday investors parsed an array of mixed quarterly earnings and digested a series of robust...
GLOBAL MARKETS-Tech leads Wall St rally, crude slumps on China weakness
GLOBAL MARKETS-Tech leads Wall St rally, crude slumps on China weakness
Oct 17, 2024
* China's stimulus announcement lacking in details * Dollar index touches nine-week high * Oil prices fall on softening demand worries * Bond market closed for Columbus Day By Stephen Culp NEW YORK, Oct 14 (Reuters) - U.S. stocks were led higher by technology shares while crude prices dipped on Monday as investors, amid light Columbus Day trading, looked past...
Dow, S&P 500 Extend Record Closing Runs Ahead of Major Corporate Earnings
Dow, S&P 500 Extend Record Closing Runs Ahead of Major Corporate Earnings
Oct 17, 2024
04:31 PM EDT, 10/14/2024 (MT Newswires) -- The Dow Jones Industrial Average and the S&P 500 stretched their record closing runs Monday as traders awaited key corporate earnings scheduled for later in the week. The S&P 500 rose 0.8% to 5,859.9, while the Dow increased 0.5% to 43,065.2, closing above 43,000 for the first time. The Nasdaq Composite closed 0.9%...
Copyright 2023-2026 - www.financetom.com All Rights Reserved