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Stock impact report

Japan's 10-Year Bond Yield Reaches Highest Since June 2009 [Yahoo! Finance]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Republican Mayor Braces for Tariffs: ‘We Didn't Budget for This' Trump Administration Plans to Eliminate Dozens of Housing Offices How Upzoning in Cambridge Broke the YIMBY Mold NYC's Finances Are Sinking With Gauge Falling to 11-Year Low Remembering the Landscape Architect Who Embraced the City The yield on Japan's 10-year note is up 6.5 basis points, while government bond futures are down 64 ticks. Forty-year yields jumped 10 basis points to 2.845%, the highest since its inception in 2007. This comes as the 10-year German bund yield soared as much as 31bps, which helped drive up yields globally. READ: German Debt Has Worst Day Since Aftermath of Berlin Wall's Fall The moves in German debt are due to a dramatic change in the country's spending plans for defense and infrastructure investments. Japanese yields are also rising as investors speculate that the Bank of Japan will continue to hike rates, with Deputy Governor Shinichi Uchida signal Show less Read more
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