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The yield increased by 10 basis points to 1.59% annually during Wednesday's trading.
US President Donald Trump announced that Japan will put $550 billion into the American economy as part of a trade agreement with the United States.
He additionally mentioned that the United States will start providing vehicles, rice, and various agricultural goods to the Japanese market. The import duty on products from Japan will be established at 15%, whereas Trump had earlier pledged to implement a tariff of 25% starting August 1.
The Mainichi Shimbun newspaper reported that Japanese Prime Minister Shigeru Ishiba might step down. It was earlier stated that Ishiba would remain prime minister, despite the ruling coalition losing its majority in the House of Councillors during the elections.
The demand for 40-year maturing Japanese government bonds was the lowest since 2011, with the order book oversubscribed by only 2.127 times, down from 2.214 times at the last auction, according to Bloomberg. The bonds were issued at a historic 3.375%.
source: bloomberg.com
US President Donald Trump announced that Japan will put $550 billion into the American economy as part of a trade agreement with the United States.
He additionally mentioned that the United States will start providing vehicles, rice, and various agricultural goods to the Japanese market. The import duty on products from Japan will be established at 15%, whereas Trump had earlier pledged to implement a tariff of 25% starting August 1.
The Mainichi Shimbun newspaper reported that Japanese Prime Minister Shigeru Ishiba might step down. It was earlier stated that Ishiba would remain prime minister, despite the ruling coalition losing its majority in the House of Councillors during the elections.
The demand for 40-year maturing Japanese government bonds was the lowest since 2011, with the order book oversubscribed by only 2.127 times, down from 2.214 times at the last auction, according to Bloomberg. The bonds were issued at a historic 3.375%.
source: bloomberg.com
