Japan’s Super-Long Bonds Extend Rally as Fiscal Concerns Ease

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Japan’s super-long bonds extended their post-election rally as Prime Minister Sanae Takaichi’s historic election win soothed investor concerns about fiscal policy.The 40-year bond yield dropped nine basis points and the 30-year rate fell by 7.5 basis points. After weeks of volatility fueled by worries over fiscal sustainability, yields have now retreated to levels near early January when Takaichi’s snap vote was first reported.