Home Japan’s 40-year bond yield hits lowest since December 2016
FXStreet News

Japan’s 40-year bond yield hits lowest since December 2016

The yields on the long duration Japanese government bonds (JGB) are feeling the pull of gravity.

Notably, the 40-year JGB yield fell below 0.780 percent a few minutes before press time; the lowest level since December 2016.

The decline could be associated with the 0.5 percent drop in the S&P 500 futures and the resulting haven demand for JGBs.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.