# GlobalMacro

#JapanBondMarketSell-Off Global financial markets are on edge as Japan’s bond market experiences one of its most significant sell-offs in nearly two decades. Long-term Japanese government bonds (JGBs) have surged in yield, with the 40-year bond exceeding 4% for the first time since 2007. Even 20- and 30-year yields jumped by more than 25 basis points, signaling deep concerns about Japan’s fiscal trajectory.
📊 What Triggered the Sell-Off?
The sudden spike in yields stems from multiple factors: Prime Minister Sanae Takaichi’s announcement to suspend the food consumption tax for two years, expan