Japanese government bonds: Yields surge amid fiscal concerns – HSBC
HSBC Asset Management reports a significant increase in yields on long-dated Japanese government bonds (JGBs) as of January 2026.

HSBC Asset Management reports a significant increase in yields on long-dated Japanese government bonds (JGBs) as of January 2026. This surge is attributed to rising concerns regarding Japan's medium-term fiscal outlook, particularly with Prime Minister Sanae Takaichi's announcement of substantial spending plans ahead of the upcoming general election.

Rising yields signal fiscal unease

"A pick-up in yields on long-dated Japanese government bonds (JGBs) in January turned into a surge last week. It follows growing nervousness over Japan’s medium-term fiscal outlook, with PM Sanae Takaichi signalling big spending plans ahead of next month’s general election."

"Japan’s government debt to GDP ratio has declined in recent years – driven by higher tax revenues and the positive impact of nominal growth outpacing interest rates on government borrowing. Low coupon JGBs issued during the era of ultra-loose monetary policy will gradually be refinanced at higher rates, pushing up debt servicing costs."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Ler mais

COTAÇÕES AO VIVO

Nome / Símbolo
Gráfico
% Variação / Preço
GBPUSD
Variação 1 dia
+0%
0
EURUSD
Variação 1 dia
+0%
0
USDJPY
Variação 1 dia
+0%
0

TUDO SOBRE FOREX

Explore Mais Ferramentas
Academia de Trading
Navegue por uma ampla gama de artigos educacionais cobrindo estratégias de trading, insights de mercado e fundamentos financeiros, tudo em um só lugar.
Saiba Mais
Cursos
Explore cursos de trading estruturados projetados para apoiar seu crescimento em cada etapa de sua jornada de trading.
Saiba Mais
Webinar
Participe de webinars ao vivo e sob demanda para obter insights de mercado em tempo real e estratégias de trading de especialistas da indústria.
Saiba Mais