Why Investors Shouldn’t Panic Over Japan’s Bond Market Turmoil
The Wall Street Journal·2026-01-23 18:57
Forget Greenland. Investors should be paying attention to the Japanese government bond market. While this is going to be an important story all year, I think there's no need to panic.This chart shows the yield on 30-year Japanese government bonds. They've been trending up for a while, but as you can see, they suddenly spiked on Monday. That's because of some of the pledges that the prime minister has been making.Japan has a new prime minister, Sonai Tagichi, and she is known as a very strong advocate for go ...