Odaily Planet Daily News - Japan's 30-year government bond yields rose to a 21-year high on Wednesday as investors sold the most liquid bonds to raise cash amid a market rout caused by U.S. trade tariffs. As stocks and oil prices plummeted, the 30-year Japanese bond yield rose to as high as 2.785%, the highest level since August 2004, and rose 22 basis points on the day to 2.715%. "The yield on ultra-long bonds has risen to a level higher than before Trump announced the tariff increase, which is like panic selling," said Katsutoshi Inadome, senior strategist at Sumitomo Mitsui Trust Asset Management. The Bank of Japan, the Ministry of Finance and the Financial Services Agency will hold a meeting of senior officials from 15:00 Beijing time to discuss financial market issues. (Jinshi)