日本40年期国债收益率冲破4%！ 创2007年发行以来新高

Group 1 - The yield on Japan's 40-year government bonds has surpassed 4%, marking the highest level since its issuance in 2007 and the first time any maturity of Japanese sovereign bonds has reached this level in over 30 years [1] - The 40-year bond yield increased by 6 basis points in a single day, while the 20-year bond yield rose by 9.5 basis points to 3.35%, indicating a significant shift in the Japanese bond market [1] - The current state of the Japanese bond market is characterized by a lack of buyers and ongoing sell-offs, as investors anticipate that Prime Minister Fumio Kishida's party will secure more seats in the upcoming elections, allowing for more economic stimulus measures [1] Group 2 - Japanese insurance companies recorded a net sell-off of 822.4 billion yen in bonds with original maturities over 10 years, the largest since records began in 2004, contributing to bearish sentiment in the bond market [2] - The newly formed "Center Reform Alliance," consisting of Japan's largest opposition party and former ruling coalition members, plans to raise funds to reduce the food sales tax to zero, increasing the risk in the upcoming elections [2] - Investors are cautious ahead of the 20-year bond auction, as the results will be a critical test to determine if the recent rise in yields can offset concerns about fiscal deterioration affecting bond values [2]