The Bank of Japan (BOJ) has reduced its bond-buying operations, leading to a significant increase in government bond yields across various maturities. Japan's 30-year government bond yield has risen to 2.03%, the highest level since 2011. Additionally, the 20-year government bond yield climbed to 1.766%, the highest since June 2013, with some reports indicating it reached 1.755%. The 2-year JGB yields closed at their highest level since June 23, 2009. This surge in yields is driven by speculation that the BOJ will continue to reduce its debt-buying amounts.
Japan's 20-Year Government Bond Yield just hit its highest level in more than a decade https://t.co/nEEWO8zZ5N
JGB 10-year Yields approaching decade highs https://t.co/viU44wigVt
Japan's 20-Year Government Bond Yield just hit its highest level in more than a decade ๐จ https://t.co/jBLHqLPGDz
๐ฏ๐ต #Japan 20-Year Bonf Yield Hits Highest Since 2013 on #BOJ Policy Bets - Bloomberg https://t.co/JT9WwhwmHv https://t.co/Q2L6LcI9Gl
JGB yields up across the curve 10 & 30 years up 2.5 bps. I'm not sure how the European & US long end is lower.
Japanese 20-year bond yield rises to 1.755%, the highest since 2013
Japan 20-Year Yield Hits Highest Since 2013 On BoJ Policy Bets - BBG https://t.co/KFQsREwcQM
Japanโs 20-year government bond yield climbed to its highest level since 2013 on speculation the central bank will reduce debt-buying amounts https://t.co/IYUarbNUYR
๐ฏ๐ต #Japan's 20-year government bond yield rises to 1.766%, the highest since June 2013. https://t.co/T54A5TsUHH https://t.co/avHs4WxyLz
2-Year JGB yields close at highest level since June 23, 2009 https://t.co/ywgsmFIyG2
****JAPAN 30-YEAR YIELD RISES TO 2.03%, HIGHEST SINCE 2011**** @markets
Japan's 30Y bond yield rises to 2.03%, which is the highest since 2011 https://t.co/b13vHtvIP6
Japan's 30-year government bond yield rises to 2.03%, the highest since 2011. https://t.co/oaQkbZt7T8
BOJ REDUCES BOND BUYING IN LATEST OPERATION, CAUSING YEN TO INCREASE
JGB 30 Year bonds are now 35bp cheap to US 30's as of last night where yields almost hit 2%. This is fully swapped 30 year UST in yen. https://t.co/tWuWts1MFh
JGB 30 Year bonds are now 35bp rich to US 30's as of last night where yields almost hit 2%. This is fully swapped 30 year UST in yen. https://t.co/0z4QuiDER1
The 30-year Japanese Government Bond (JGB) yields have reached another Trend high and closed at the highest level since February 2013. https://t.co/ffAwSJaTdo