Japan Long-Dated Bonds Fall as Fiscal, Inflation Concerns Linger

Japan’s long-maturity government bonds kicked off 2026 on a downbeat note, as fiscal and inflation worries continued to weigh on the market.

The benchmark 10-year Japanese government bond yield climbed as much as five basis points on Monday to 2.12%, its highest level since 1999. Yields on 20-year and 30-year bonds also rose.