Japan Hit by Long Bonds Selloff as Yields Hit Multi-Decade Highs

YOU LATER IN THE PROGRAM. STAYING IN ASIA, LET'S GET BACK TO THE MARKETS. PAUL DOBSON JOINS US NOW.IT LOOKS LIKE JAPANESE BONDS ARE JOINING THE GLOBAL BOND SLIDE. GOOD, LACEY. NORMALLY -- GOOD MORNING, LIZZIE.A MARKET THAT HAS BEEN SLEEPING, FOR MOST OF THE LAST COUPLE OF DECADES IS REALLY COMING TO LIFE NOW AND THAT'S BECAUSE WERE SEEING EVER RISING YIELDS, AT THE BACK END OF THE CURVE IN PARTICULAR, SIGNALING A LACK OF DEMAND FOR THE JAPANESE GOVERNMENT BONDS. THERE ARE REASONS FOR THIS THAT ARE KIND OF U ...