Japan bond yields spike on Takaichi budget fears, worries over US view

BondsBenchmark JGB yield rises toward 3% as markets brace for next phase of fiscal planningThe Takaichi administration will compile the fiscal 2027 budget, its first full budget cycle in office, before seeking cabinet approval at the end of the year. (Nikkei montage/Source photos by Ken Suzuki)JADA NAGUMOAugust 19, 202

TOKYO, Aug 18 : Japan's benchmark bond yield is on the brink of hitting 3 per cent for the first time since the mid-1990s, highlighting how inflation, rising fiscal concerns and monetary policy expectations are reshaping a market long defined by low interest rates.A 10-year Japanese government bond yield at 3 per cent

Bond markets from US to Japan whacked as inflation and fiscal worries take hold  Reuters

Long-term borrowing costs from the United States to Japan and Germany hit their highest levels in decades on Tuesday, as renewed inflation worries added to nagging concerns about the fiscal pressures facing some of the world’s biggest economies.

European government bonds came under significant selling pressure on Tuesday, with France’s 10-year bond yield hitting a 17-year high and Germany’s 10-year Bund yield reaching its highest level since 2011.