Japan Bond Yields Surge: 40-Year JGB Breaks Above 4% for First Time Since 2007

Japanese government bond yields climbed sharply on Tuesday, with the 40-year JGB yield rising above 4% for the first time since its launch in 2007, according to Jin10.Meanwhile, the 10-year Japanese government bond yield increased by 3.0 basis points to 2.3%, marking its highest level since February 1999.The 20-year JGB yield also advanced, rising 4.0 basis points to 3.295%, reflecting growing pressure across the long end of Japan’s yield curve.