Bond Yields Surge as Oil Price Rally Drives Japan Two-Year Rate to 1.5% And German Bund To 3.2%
Global bond yields extended a broad selloff on July 23 as rising oil prices and mounting inflation concerns pushed borrowing costs higher across major markets. Japan’s two-year government bond yield reached 1.5%, marking its highest level in more than 30 years, while Germany’s 10-year Bund climbed to 3.20%, the highest reading since 2011.
The broader fixed-income shift reflects how energy market pressures are permeating sovereign debt pricing. Rising oil prices and renewed inflation concerns continue to drive benchmark yield movements, underscoring the widespread impact of commodity volatility on global borrowing costs.
From the sources (25 posts)
@firstsquawkYEN SLIDES BACK TO WEAKEST SINCE 1986, TOUCHES 162.89 VS USD
@hedgeyeBREAKING: Yen hits weakest level versus U.S. Dollar since 1986
@bulltheoryio🚨 JAPAN HAS A SERIOUS PROBLEM USD/JPY is back at 162.7, a very dangerous level. On June 16, the BOJ raised rates to 1%, the highest since 1995. Normally that strengthens a currency but the yen barely moved. Before that, in April and May
@ftInvestors fear Japanese bond bets risk becoming new ‘widow-maker trade’
@businessThe yen weakened past 163 per dollar for the first time since 1986, raising the risk of intervention by authorities to prop up the currency
@firstsquawkJapan announces a 300 billion yen sale of 40-year government bonds.
@firstsquawkJapanese 30-year bond yields edge higher by 1.5 basis points to 3.9%.
@firstsquawk5-YEAR JGB YIELD CLIMBS 2.0 BASIS POINTS TO 1.960%.
@firstsquawkThe 40-year JGB yield increases to 3.895%, up 0.5 basis points.
@barchartJapan's long-term borrowing costs are now at the highest levels this century 🚨 🚨
@firstsquawkThe 10-year JGB yield increases to 2.750%, up 3.0 basis points.
@firstsquawkJapan's 40-year JGB yield climbs 2 basis points to 3.910%.
@firstsquawkJapan's 2-year JGB yield hits a nearly 30-year high of 1.49%, up 5 basis points, the highest since May 1995.
@firstsquawkJapan's 2-year government bond yield climbs 6 bps to 1.50%, reaching its highest level since May 1995
@firstsquawk5-year Japanese government bond yield advances 4 basis points to 2.00%.
@marketnews_feedJAPAN'S 2-YEAR JGB YIELD HITS A NEARLY 30-YEAR HIGH OF 1.49%, UP 5 BASIS POINTS, THE HIGHEST SINCE MAY 1995. ...
@barchartBREAKING 🚨: Japan Japan's 2-Year Bond Yield soars to 1.5%, the highest level in more than 30 years 🤯 👀
@firstsquawkJapan Finance Minister Katayama says he will not comment on specific forex levels.
@financialjuiceJapan Finance Minister Katayama: prepared to take decisive steps on forex if necessary
@firstsquawkJapan's Finance Minister Katayama reiterates readiness to take decisive measures in the forex market as needed.
@goldtelegraph_Japan’s finance minister is warning that authorities stood ready to take “appropriate and bold action” to defend the yen. Well...
@businessWhile the yen’s plunge to a four-decade low against the dollar has dominated headlines, a broader gauge of the currency’s strength is sending an equally worrying signal for Japan
@reutersUS-Iran tensions underpin dollar as yen nears 40-year low
@globalmktobserv⚠️The Japanese Yen weakness is spreading FAR BEYOND the US Dollar: The Bank of Japan's nominal effective exchange rate index has fallen to the lowest level on record. This tracks the Yen against a broad, trade-weighted basket of ~60 curre
@barchartBREAKING 🚨: Japan Japanese Yen just fell to its weakest level against the U.S. Dollar in 40 years 🤯 👀