Japanese 20-year government bonds turn negative for the first time

Japan’s government bond yields sank below zero for the first time ever which caused a yield drop as low as 0.015%.

In the first days after Brexit, the yen was often the initial choice for investors, even more than the US dollar. Global markets reacted expeditiously after two British asset managers blocked investors from pulling money out of real-estate funds, sinking the British pound to a 31-year low.

The Japanese government bond yield TMBMKJP-20Y, -31.62% fell to -0.005% then later returned to positive and stayed at 0.025%, while the 30-year yield TMBMKJP-30Y, -26.79% got back to 0.04%.

Now BOJ sets a minus 0.1% interest rate on some deposits held at the central bank by commercial banks.

Related News


Japanese 20-year government bonds turn negative for the first time


Send this to a friend

Subscribe to LeapRate
Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: