Could Japan’s Fiscal Woes Spread to US Treasury Markets? | Presented by CME Group
Bloomberg Television·2026-02-02 19:10
On October 24th, 2025, newly elected Japanese Prime Minister Sonah Takahichi gave her initial economic policy speech where she committed to, in her words, a robust [music] stimulus package. Now, this policy shift was a blow to Japanese bonds as 40-year yields moved from 3.37% up to a high of 4.21% on January 20th. The yen, already on a slide against the dollar that began in early 2021, continued lower, bottoming on January 14th at 159 yen to the dollar.Now, the low marked a total of a 35% drop against the d ...