Global Market: Japanese government bond yields fall as safe-haven demand returns
Japanese government bond prices rose for a third session as attractive yields and safe-haven demand boosted investor interest. Record demand at a 20-year bond auction supported the recovery, while global yields declined. Economists expect the Bank of Japan to raise interest rates to 1.50% in December, though October rates may remain unchanged.
Long-term Japanese government bond (JGB) prices extended gains on Wednesday, as attractive yields and renewed safe-haven demand encouraged investors to return to debt markets following a global selloff, according to a Reuters report.The yield on the benchmark 20-year JGB fell 1 basis point to 3.690%, heading for a third consecutive session of declines. Bond yields move inversely to prices.US MarketsPowered ByAs on 21 Oct 2026, 01:30 AM ISTS&P 500 Top GainersEquifax176.54(11.33%)Hasbro109.52(11.20%)Moderna242.08(6.69%)3M171.37(5.78%)Gainers»S&P 500 Top LosersCoterra Energy32.56(-8.62%)General Motors77.09(-6.84%)DaVita175.35(-6.23%)Genuine Parts123.52(-5.12%)Losers»Read more: Global Market Today: Asian shares, US futures rise on AI-trade revival The gains followed a sharp fall in JGB yields and a rally in the yen on Tuesday, after an auction of 20-year government bonds attracted record-high demand, signalling renewed investor appetite for Japanese debt.The recovery in Japanese bonds came amid similar moves in overseas debt markets.
