Japan’s 30-year yields rise to record highs as stimulus concerns mount

Japan’s long-term bond yields hit record highs as investors worry about government stimulus funded by new debt. The 30-year JGB yield climbed to 3.45%, while the 40-year yield reached 3.715%. This surge follows speculation about Prime Minister Takaichi’s fiscal plans and the Bank of Japan’s potential rate hikes. The benchmark 10-year yield, however, saw a slight dip.