The yield on Japan's 30-year government bonds rose by 2.5 basis points to 3.445%, reaching a record high. The yield on Japan's 20-year government bonds increased by 3 basis points to 2.94%, the highest level since June 1999. The yield on Japan's 10-year government bonds rose by 1.5 basis points to 1.905%, the first increase since 2007.
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The yield on Japan's 30-year government bonds rose by 2.5 basis points to 3.445%, setting a new historical high

- Japan's bond market is experiencing significant turmoil, causing tension in global financial markets.  
- The yield on Japan's 30-year government bonds has surged to a historic high of 3.445%, driven by rising expectations of a Bank of Japan interest rate hike in December.  
- Market analysts predict weak demand for upcoming bond auctions, raising concerns about potential global repercussions from Japan's monetary policy shift.

The storm in Japan's long-term bonds continues, with long-term bond yields collectively soaring to decades-high levels