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JGB

Japan Post Insurance CEO and President Kunio Tanigaki
BUSINESS / Companies
Mar 4, 2026
Japan Post Insurance to shift to high-yield bonds, CEO says
The life insurer expects the Bank of Japan to raise interest rates again as soon as April.
Yoshitsugu Toba, head of the markets division at Joyo Bank, says he expects the next Bank of Japan rate hike will happen in April, followed by 25 basis-point increases roughly every six months.
BUSINESS / Companies
Mar 2, 2026
Short-term Japan bonds hold allure for regional bank managing ¥2.6 trillion
Joyo Bank is testing the country’s choppy bond market by investing in shorter-term notes to secure higher returns, while avoiding longer-dated securities.
Paris-headquartered Amundi is warming to Japanese government bonds for the first time in three decades, joining a growing number of foreign investors taking a long-term bullish view on Japan’s debt.
BUSINESS / Companies
Feb 24, 2026
Amundi goes long on Japanese debt for the first time in decades
The French asset manager, which started out 2026 slightly underweight on Japanese debt in its global portfolio, shifted last week into a slightly overweight position.
The country’s biggest insurers are sitting on swelling paper losses on their holdings of Japanese government bonds, which have slumped as the central bank raises interest rates.
BUSINESS / Companies
Feb 18, 2026
Accounting group seeks to ease rules on Japanese insurers’ bond losses
Bonds held by life insurers to match long-term policies would be treated as held to maturity if certain conditions are met, and would not be subject to impairment accounting.
The International Monetary Fund has issued a warning that a reduction of Japan's consumption tax would erode its fiscal space and add to fiscal risks.
BUSINESS / Economy
Feb 18, 2026
IMF urges Japan to avoid cutting sales tax amid higher expected borrowing costs
The fund described such a move as “an untargeted measure that would erode fiscal space and add to fiscal risks.”
Japan's 10-year government bonds (left) and U.S. 10-year government bonds are displayed outside a security firm in Tokyo in January. Jupiter Asset Management is betting that Japanese government bonds will rise.
BUSINESS / Markets
Feb 16, 2026
Jupiter’s Nash turns Japan bond convert after Takaichi win
For the first time ever, Jupiter Asset Management’s Mark Nash is placing a long-term, strategic bet that Japanese government bonds will rise.
Rising fiscal spending and rate-hike expectations are driving Japanese companies toward convertible bonds.
BUSINESS / Companies
Feb 10, 2026
Japan bond blowout funnels corporate borrowers to convertibles
The benchmark 10-year bond yield hit 2.38% in January, the highest since 1999.
Prime Minister Sanae Takaichi faces a crucial markets test in the final run-up to a snap election this weekend where she is hoping a decisive victory will give her a mandate for expansionary fiscal policy.
BUSINESS
Feb 2, 2026
Takaichi must face bond investors before winning over voters
The Finance Ministry will auction some ¥700 billion ($4.5 billion) of 30-year government bonds three days before polls open.
Expectations Japan's superlong bond yields will rise further as the government boosts spending have kept life insurers away from bond buying.
BUSINESS / Companies
Jan 27, 2026
Japan’s midsize insurers hold back from bond buys anticipating rebound
The bonds are usually major investment targets to match insurers’ long-term liabilities, but expectations yields will rise further amid government spending have slowed buying.
A man uses a phone in front of an electronic board displaying Japan's 10-year government bonds level outside a brokerage in Tokyo on Wednesday.
BUSINESS / Markets
Jan 24, 2026
Sudden chaos in Japan’s bond market puts stock bulls on notice
A bond slump that sent yields soaring to records on her election pitch to cut taxes on food has rippled through markets in Tokyo.
The Bank of Japan headquarters in December. The central bank has opted to leave rates unchanged ahead of next month's election.
BUSINESS / Markets
Jan 23, 2026
Bank of Japan leaves rates unchanged ahead of February election
Rates were raised at the last policy board meeting to 0.75% from 0.5%.
A screen displays Japan’s 10-year government bonds outside a securities firm in Tokyo on Wednesday.
BUSINESS / Markets
Jan 21, 2026
Vanguard ditched bet on Japanese government bonds ahead of massive sell-off
The asset manager was previously one of the biggest bulls on Japanese government debt.
Japan’s 40-year bond yield has reached 4%, the highest since its 2007 debut and the first time any Japanese government bond has hit this level in over 30 years.
BUSINESS / Economy
Jan 20, 2026
Japan’s 40-year yield hits 4% as Takaichi’s tax plan sinks bonds
Investors have been dumping Japanese bonds amid speculation Prime Minister Sanae Takaichi’s party will win more seats in a Feb. 8 vote, giving her a freer hand to boost stimulus.
2026 is shaping up as a year of competing forces for Japan, with strong underlying momentum and reform potential outweighed by the risks from inflation, geopolitics and policy missteps if leadership does not act decisively.
COMMENTARY / Japan
Jan 8, 2026
The top 10 surprises for the Year of the Fire Horse
For 2026, the only certainty is that this year of the Fire Horse will be shaped both by existing trends that evolve and genuine surprises.
A screen displays Japan's 10-year government bonds (left) and the rate of the yen against the dollar outside a securities firm in Tokyo on Monday.
BUSINESS / Economy
Jan 6, 2026
Japan’s 10-year bond sale draws investor demand on high yields
Japanese government bond yields have recently risen to around multi-decade highs as investors consider the Bank of Japan’s rate-hike path.
Noritaka Okabe, CEO of JPYC, has said that stablecoin issuers can become major buyers of government bonds.
BUSINESS / Markets
Jan 5, 2026
Stablecoins likely to be a factor, not a game changer, in Japan’s bond market
Issuers might not buy up enough long-term debt to make a big difference.
The Finance Ministry in Tokyo’s Chiyoda Ward
BUSINESS / Economy
Dec 24, 2025
Japan budgeting for bond payments at 3% as debt servicing soars
The Finance Ministry will set a key rate used to calculate the country’s likely interest payments on bonds next fiscal year at 3.0%, the highest in nearly three decades
Bonds and the yen have been week since the Bank of Japan increased rates on Friday.
BUSINESS / Markets
Dec 22, 2025
Japan’s 10-year government bond yield hits 2.1% as rout continues
The yen is also weak after the BOJ’s rate increase and as the approval of a record-busting budget looms.
Bank of Japan Gov. Kazuo Ueda, speaking on Friday after the policy board announcement, said that growth and price data appear to be on track to meet central bank forecasts.
BUSINESS / Economy
Dec 19, 2025
BOJ takes rates to a 30-year high; 10-year Japanese government bond breaks 2% 
Weak yen might have convinced the central bank that now is the time to make a move.
Sales of Japanese government bonds for individual investors have topped ¥5 trillion this year, the highest level since 2007, as rising interest rates draw household funds out of bank deposits following the Bank of Japan's policy tightening.
BUSINESS / Economy
Dec 18, 2025
Retail JGB sales hit highest since 2007 as rates climb
Issuance from January to December totaled about ¥5.28 trillion, Ministry of Finance data has shown.

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