Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Kaustubh Bagalkote

Japan's 10-Year Yield Hits 1.59%, Highest Since 2008 — Lawrence McDonald Warns Global Bond 'Anchor' Is Breaking Amid Stimulus, Tariff Jitters

Bonds

Japan’s 10-year government bond yield soared above 1.59% on Tuesday, reaching its highest level since 2008, as markets price in potential fiscal stimulus ahead of the July 20 Upper House election. The surge comes despite the Ministry of Finance reducing super-long bond issuances, signaling strong upward pressure on shorter-term rates.

What Happened: Lawrence McDonald, founder of the Bear Traps Report, highlighted the yield surge and warned that Japan’s role as the “planet Earth’s bond yield anchor for decades” is ending.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.