Japan's 2Y, 5Y, and 10Y yields hit multi-decade highs as economy slows
Japan's 2Y and 5Y yields hit 31-year highs while the 10Y reached a 30-year high, coinciding with Q2 GDP growth of just 1.1% annualized versus 2.0% expected. Nikkei 225 futures rose 0.3% in early trade while 10-year JGB futures fell 0.21 points.
Detected & updated continuously · Source: Nebula
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@cryptorover
🚨 JAPAN HAS A SERIOUS PROBLEM Japan’s 2Y and 5Y yields just hit 31-year highs, while the 10Y hit a 30-year high. At the same time, Q2 GDP grew just 1.1% annualized vs 2.0% expected. Borrowing costs are surging while the economy is slowing. https://t.co/fI0OjISGZ5
@blckchaindaily
🚨 JAPAN NIKKEI 225 FUTURES RISE 0.3% IN EARLY TRADE; 10-YEAR JGB FUTURES FALL 0.21 POINT $EWJ