日本选举酿金融风暴？日债收益率“爆表”，全球长债抛售潮愈演愈烈

Group 1 - The 10-year Japanese government bond yield briefly rose to 1.595%, the highest level since October 2008, while the 20-year and 30-year yields also reached their highest levels since 1999 and a historical high of 3.195%, respectively [1] - Concerns are growing regarding the potential loss of majority seats by the ruling coalition in the upcoming Senate elections, which could lead to increased political instability and pressure on Japanese bonds [2][3] - The Japanese government is facing declining support due to rising living costs, including a surge in rice prices, which is impacting the ruling party's popularity ahead of the elections [2] Group 2 - Global long-term bond yields are rising, with Japan leading the trend, as concerns over expanding fiscal deficits weaken market demand [3][6] - The focus has shifted from central bank interest rate policies to fiscal and national debt issues, with significant worries about excessive government spending and bond supply [6][9] - The demand for ultra-long bonds is decreasing as traditional buyers, such as life insurance companies, reduce their purchases amid the Bank of Japan's gradual exit from the market [9][10]