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投资者周四继续抛售 日债收益率曲线趋陡
Xin Hua Cai Jing·2025-05-22 12:03

Group 1 - The core viewpoint of the articles indicates that Japanese government bond yields are rising across the board, with the Bank of Japan (BOJ) showing no immediate need to intervene in the market despite the record levels of long-term bond yields [1][3] - The BOJ's recent data shows that as of May 20, the total amount of Japanese government bonds held by the BOJ is 571.6 trillion yen, with over 45% being 10-year bonds and 22.17% being 20-year bonds [3][4] - The 20-year bond yield has increased by 5.5 basis points to 2.595%, marking the highest level since October 2000, and continues to rise, reaching 2.598% [4][8] Group 2 - Market participants are urging the BOJ to increase purchases of long-term bonds or halt the reduction of bond purchases after significant rises in long-term bond yields [3][5] - The upcoming July Senate elections are seen as a potential turning point for yield trends, with expectations that if the ruling party retains a majority, there will be no consumption tax increase [6] - The 10-year bond yield has risen by 5.5 basis points to 1.57%, the highest level since March 26, indicating a significant shift in market dynamics [8]