Reported 1 day ago
Japan is considering cutting its issuance of super-long bonds due to sharp increases in their yields, which have raised concerns over government finances. The Ministry of Finance is expected to adjust its bond program following discussions with market participants in June. The move comes as yields spike, losing interest from traditional buyers like life insurers. A decline in super-long bond yields has positively affected the Japanese yen and U.S. Treasury yields, although analysts warn this is only a temporary relief for Japan's growing debt situation.
Source: YAHOO