Home › Business & Finance › Japan Bonds Rally as Global Risk-Off Move Boosts Haven Demand
Business & Finance

Japan Bonds Rally as Global Risk-Off Move Boosts Haven Demand

Key Points

Japan Bonds Rally as Global Risk-Off Move Boosts Haven Demand Japanese government bonds rose on Friday, tracking a rally in US Treasuries, as a US stock selloff spilled into Asian markets and deepened a broader risk-off move. The benchmark 10-year JGB yield fell 7 basis points to 2.685%. Treasuries surged Thursday as the Nasdaq 100 plunged the most since 2020, fueling a broad flight from risk assets into government debt.

Japan Bonds Rally as Global Risk-Off Move Boosts Haven Demand Japanese government bonds rose on Friday, tracking a rally in US Treasuries, as a US stock selloff spilled into Asian markets and deepened a broader risk-off move. The benchmark 10-year JGB yield fell 7 basis points to 2.685%. Treasuries surged Thursday as the Nasdaq 100 plunged the most since 2020, fueling a broad flight from risk assets into government debt.
Japan Bonds Rally (ORG) Japanese (ORG) US Treasuries (ORG) US (LOCATION) Asian (ORG) JGB (ORG) Treasuries (ORG)
Originally published by Bloomberg Markets Read original →