
Japan’s Bond Yields Are Exploding — 40-Year at 4.11%, Highest in Decades (Debt/GDP 236%)
Japanese government bond yields continue their sharp rise across the curve.
• 40Y → 4.11%
• 30Y → 3.85%
• 20Y → 3.49%
• 10Y → 2.58%
This is one of the most important macro developments right now. With Japan sitting at 236% debt-to-GDP, higher borrowing costs are becoming extremely expensive.
What do you think happens next — more BOJ intervention, yen weakness, or a real reckoning?