Group 1 - Japanese bond yields have surged, leading to increased attractiveness for credit investors, with over 530 billion yen (approximately 3.7 billion USD) in bonds issued by at least 10 entities, including Kirin Holdings and Mitsui Fudosan [1] - The rise in long-term bond yields has prompted borrowers to return to the market after previously postponing or canceling planned transactions due to market instability caused by U.S. tariffs [1] - Companies are favoring shorter-term funding to avoid locking in higher long-term rates, as indicated by Dai Otsu from Daiwa Securities [1] Group 2 - Japan's inflation has accelerated to its fastest pace in over two years, driven by rising food and energy costs, which increases the likelihood of the Bank of Japan raising interest rates [3] - Concerns about potential interest rate hikes by the Bank of Japan are prompting Japanese companies to issue bonds before the U.S. and U.K. markets close [3] - The issuance of bonds has surged as sovereign bond yields, including 30-year and 40-year bonds, reach record levels, with the benchmark 10-year government bond yield nearing its highest point since 2008 [3]
日本债券收益率飙升催热短期融资 企业争相发债锁定低成本
Zhi Tong Cai Jing·2025-05-23 06:56