🇯🇵 UPDATE: Japan’s 20-Year Bond Yield Rises to 2.475% Ahead of Key Election 📈🇯🇵

Japan’s 20-year government bond yield climbed 5 basis points to 2.475% on July 8 — a sharp move driven by investor caution ahead of the upper house election.

Selling pressure also pushed 30-year JGB yields to their highest since late May, highlighting growing volatility in Japan’s long-term debt market.

🇯🇵 With election uncertainty and fiscal questions looming, the government is weighing steps like cutting super-long bond issuance to calm the market.

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