Japanese 30-Year Government Bond Yield Hits New High Since October 2008

BlockBeats News, March 4th, the yield on Japan's 30-year government bond rose to 2.37%, the highest level since October 2008.

BlockBeats previously reported that US President Trump said on Monday that he told Japanese leaders that they cannot continue to devalue their currency because doing so is unfair to the US. When asked about Trump's comments, Japanese Finance Minister Taro Aso said that Tokyo has not taken any direct policies aimed at weakening the yen. Japan has confirmed its "basic stance on exchange rate policy" with the G7 and the US, including in a bilateral meeting with US Treasury Secretary Janet Yellen. (Keno)