Reported 3 days ago
Goldman Sachs warns that increasing volatility in Japan's long-term government bonds, spurred by Sanae Takaichi's recent election victory, is likely to create upward pressure on Treasury yields in the US, UK, and Germany. Takaichi's pro-stimulus policies could lead to higher long-end Japanese yields, affecting global borrowing costs. The firm's strategists suggest that for every 10 basis point increase in Japanese government bonds (JGBs), US and other yields could see a 2-3 basis point rise, marking Japan as a key player in global bond market dynamics.
Source: YAHOO