Reported 4 months ago
The article discusses how the gap between Japan's 30-year government bond yields and swaps contracts has widened to the most in over a decade, signaling rising interest rates in Japan. The widening gap reflects market concerns that bonds will be impacted by the Bank of Japan's reduction of bond buying, with speculation that the central bank may decrease its JGB purchases in the future. This widening spread has not prompted much additional bond purchases by Japanese institutional investors, who are heavily invested in foreign bonds with higher yields.
Source: YAHOO