日本股债汇市场异动！

Group 1 - Japanese government bonds experienced significant movements, with the 40-year bond yield dropping over 3% to 3.424%, and the 30-year bond yield decreasing by 20 basis points to 2.835%, marking the lowest level since May 8 [1] - The U.S. long-term bond yields also saw a sharp decline, with the 30-year yield falling by 1.25% and the 20-year yield dropping by 1.17% [1] - The Nikkei index rose by 0.5% to 37,724.11 points, while the Tokyo Stock Exchange index increased by 0.6% [1] Group 2 - Concerns have been raised regarding the potential crisis in Japanese government bonds due to rising yields and supply-demand imbalances, particularly in the context of fiscal expansion and lackluster bond auctions [2] - The reversal of yen carry trades is expected to have a relatively controllable spillover effect on global liquidity [2] - Current valuations of ultra-long Japanese government bonds are considered undervalued, with potential for value appreciation following recent corrections [2]