Japan’s 30-year government bond yield climbed to its highest level in almost 25 years as optimism from US-China trade talks encouraged selling of haven assets.
The yield on the 30-year debt rose 5 basis points to 2.955%, its highest level since November 2000. There has been continued concern over demand for super-long Japanese bonds, with yields already hovering around the highest since 2004 prior to the negotiations.
AloJapan.com