Japan’s 30-Year and 40-Year Bonds Crater, Yields Spike, Huge Mess Coming Home to Roost. Yen Carry Trade at Risk

Why did China's battery giant CATL shares surge? How will Trump's tariffs impact global retailers? Why did Home Depot warn of softer sales? What caused the U.S. credit rating downgrade? How is JPMorgan responding to crypto market shifts? Why did Nike cut tech jobs and outsource work? What’s driving the EU and UK post-Brexit deal? How will Regeneron's 23andMe acquisition affect biotech? Why are mortgage rates rising after Moody’s downgrade?

Japan’s 30-Year and 40-Year Bonds Crater, Yields Spike, Huge Mess Coming Home to Roost. Yen Carry Trade at Risk

wolfstreet.com/2025/05/20/japans-30-year-and-40-year-bonds-crater-yields-spike-huge-mess-coming-home-to-roost-yen-carry-trade-at-risk

The BOJ’s QT, inflation that’s higher than in the US, an atrocious fiscal mess, a devalued yen, it all comes together.
By Wolf Richter for WOLF STREET.
Japan, which now has substantially more inflation than the US – 3.6% overall CPI and 3.2% core CPI – is watching in astonishment as its…

This story appeared on wolfstreet.com, 2025-05-20 05:03:50.