Japanese bonds rally after fiscal concerns send super-long yields to records
Mădălin Mihai
TOKYO :Japanese government bonds recovered slightly on Friday, after a volatile week that saw fiscal and inflation concerns drive super-long yields to record highs. Yields on 20-, 30-, and 40-year JGBs have been climbing, fuelled by worry over the country's worsening fiscal health, as some political parties advocate consumption tax cuts to counter rising prices. Yields move inversely to bond prices. Data on Friday showed Japan's core consumer inflation hit 3.5 per cent in April, its fastest
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