Japanese Bond Yields Decline Amid U.S. Tariff Policy Uncertainty

Japanese government bond yields fell to multi-week lows on Tuesday, influenced by the overnight performance of U.S. Treasury bonds. According to Jin10, investors are purchasing safe-haven bonds due to the uncertainty surrounding U.S. President Donald Trump's tariff policies. The yield on Japan's 10-year government bonds briefly dropped to 2.065%, marking the lowest level since December 30 of the previous year. Meanwhile, the 20-year bond yield decreased by 4 basis points to 2.870%, the lowest since December 1. A senior strategist at Sumitomo Mitsui Trust Asset Management Company noted that investors are buying Japanese bonds due to unclear prospects regarding Trump's tariff policies.