Group 1 - Japan's 3-month government bond yield surged over 34%, while the 10-year bond yield reached 1.85%, indicating a significant drop in bond prices across all maturities [1][2] - The Bank of Japan's Governor, Kazuo Ueda, indicated that the central bank will consider the pros and cons of raising policy rates at the next monetary policy meeting, with a current market expectation of a 62% chance of a rate hike in December [2] - The Japanese Ministry of Finance plans to increase short-term debt issuance to fund Prime Minister Fumio Kishida's economic stimulus plan, adding 300 billion yen (approximately 1.92 billion USD) in 2-year and 5-year bonds, which is expected to put pressure on short-term Japanese government bonds [3] Group 2 - The negative impact of Japan's bond market turmoil was reflected in the U.S. stock market, with futures indicating a broad decline, while the Asia-Pacific markets also showed weakness [4] - Despite the turmoil, a weakening U.S. dollar may mitigate the impact on A-shares and Hong Kong stocks, as it supports commodity prices and enhances liquidity in emerging markets [4] - Analysts suggest that the A-share market is expected to maintain an upward trend in December, with a focus on the upcoming Central Economic Work Conference, which will likely outline key economic policies for 2026 [4]
刚刚全线暴跌！黑天鹅突袭！日本国债又崩了 冲击有多大？
Zheng Quan Shi Bao Wang·2025-12-01 06:14