Japan’s Government Bonds Rebound Amid Market Volatility; Nikkei Extends Losing Streak
Japan’s 30-year government bond yield retreated from a 27-year high, settling at 3.71% after a 16.5 basis point drop. The Nikkei 225 fell 0.4%, marking its fifth consecutive decline—the longest slump in a year. Political uncertainty and global trade tensions continue to weigh on investor sentiment.
Finance Minister Shunichi Suzuki’s reassurances temporarily stabilized bond markets, with the 10-year JGB yield dipping 6 basis points to 2.280%. Yet equities remain under pressure as fiscal concerns linger. The divergence between fixed income and equity performance highlights the fragile equilibrium in Japanese markets.