Japan bond yields rocket on election pledges for tax cuts
Published on: Jan. 19, 2026, 12:23 p.m. | Source: The Economic Times
Japanese government bond yields have surged to record highs amid fears of upcoming election-driven tax cuts, potentially worsening the nation's finances. The five-year, 20-year, 30-year, and 40-year JGB yields all hit unprecedented levels. Concerns over fiscal health are weakening the yen and fueling speculation about a potential Bank of Japan rate hike, despite expectations of rates remaining unchanged.
