Japan’s 30-year bond yield just hit 4.25%

Japan’s 30-year bond yield just hit 4.25%, a record high

Why does that matter?

Japan has had extremely low interest rates for decades. Now, investors are demanding much higher returns to lend the Japanese government money for 30 years.

That can mean higher borrowing costs in Japan and it can also affect global bond markets, currencies and investment flows.

A big shift in one of the world’s most important bond markets.