每经AI快讯，1月5日，20年期日本国债收益率上升3.0个基点至3.015%。 ...

经济观察网10年期日本国债收益率上涨4.5个基点至2.010%，为1999年来最高水平。20年期日本国债收 益率上涨3个基点至2.965%，创纪录新高。 ...

智通财经APP注意到，日本国债价格上涨，此前20年期国债拍卖获得五年来的最佳需求比率，因收益率 上升吸引了投资者。 周四拍卖的认购倍数从上月的3.28升至4.1。衡量需求的另一指标——尾部利差也创下2023年以来最强劲 水平。各期限收益率全线下行，其中20年期收益率下跌4.5个基点至2.9%。 SMBC日兴证券高级利率策略师Miki Den表示："由于收益率升至历史高位、对下财年发债计划缩减的 预期以及前一日美债收益率下跌，此次拍卖结果非常强劲。"他补充称，日本超长期国债收益率今年的 高点可能已经出现。 在美联储周三连续第三次会议降息25个基点，并为2026年进一步放宽政策敞开大门后，全球债券前景也 有所改善。 法国农业信贷银行亚洲证券宏观策略师Ken Matsumoto表示："20年期日债拍卖再次表明，当前收益率水 平对投资者具有足够吸引力，因为整条收益率曲线目前都交易在周期高位附近。" 他表示，日本央行紧缩政策和财政担忧很大程度上已被市场消化，同时补充称"美联储不及预期鹰派的 立场可能为债券提供了一些支撑。" 此次日本财务省2025年最后一次长期债券拍卖，是在上周30年期债券发行也获得多年来最强劲需求后进 ...

Core Viewpoint - The 20-year Japanese government bond yield has risen to 2.95%, marking a historic high [1] Group 1 - The increase in the 20-year Japanese government bond yield indicates a significant shift in the bond market [1]

Group 1 - The 20-year Japanese government bond yield remains stable at 2.695% [1]

Group 1 - The 20-year Japanese government bond yield decreased by 0.5 basis points to 2.570% [1]

Core Points - The 20-year Japanese government bond yield increased by 2 basis points to 2.725% [1] Group 1 - The rise in the 20-year Japanese government bond yield indicates a potential shift in investor sentiment towards longer-term debt instruments [1]

Core Viewpoint - The 20-year Japanese government bond yield has risen to 2.73%, marking the highest level since August 1999 [1]. Group 1 - The increase in the 20-year Japanese government bond yield indicates a significant shift in the bond market [1]. - This rise may reflect changing investor sentiment and expectations regarding future interest rates and economic conditions in Japan [1]. - The current yield level could impact borrowing costs and investment strategies for both domestic and international investors [1].

Group 1 - The 20-year Japanese government bond yield decreased by 3.5 basis points to 2.590% [1]

Core Points - The 20-year Japanese government bond yield decreased by 2 basis points to 2.605% [1] Group 1 - The decline in the yield indicates a potential shift in investor sentiment towards safer assets [1] - The current yield level reflects ongoing economic conditions and monetary policy in Japan [1] - This movement in bond yields may influence broader market trends and investment strategies [1]