Japanese Stocks Crash Most Since August Black Monday, 10Y Yields Hit Zero

The total and utter failure of The BoJ continues to accelerate…

With Japanese Bank stocks  leading the way, now down 25% since NIRP was unleashed (and 32% since the start of the year)…

As we detailed earlier..

Following earlier comments from yet another Japanese talking head that deflation will be fixed any day now, the Japanese bond curve continues to collapse with yields hitting record lows across the entire spectrum. Most notably, 10Y JGBs – which were trading 24bps before BoJ NIRP – just traded with a 0bp handle for the first time ever, ready to join Switzerland as the only nations with negative  rates at 10Y. As bonds rally, and JPY surges to strongest since 2014, so Japanese stocks are crashing (NKY down 1000 points from intraday highs).

Bond yields are plunging…

  • *JAPAN 10-YEAR GOVERNMENT BOND YIELD FALLS TO ZERO FOR 1ST TIME
  • *JAPAN’S 5-YEAR YIELD FALLS TO RECORD -0.205%

And stocks are crashing as USDJPY tumbles…

  • *YEN CLIMBS PAST 115 PER DOLLAR TO STRONGEST SINCE 2014

Jose Canseco will not be happy.

Your rating: None Average: 5 (7 votes)


powered by sue.ng a legal search engine

Read full article on hedge
  • Related Posts

    • Naira
    • July 7, 2025
    • 3 views
    Nigeria’s Electricity Debt: Benin and Togo Owe Over $11m for Q1 2025 Supply

    Nigeria’s Electricity Debt: Benin and Togo Owe Over $11m for Q1 2025 Supply Nigeria is owed over $11 million by Benin and Togo for electricity supplied in the first quarter…

    Read more

    • Naira
    • July 7, 2025
    • 1 views
    Investors Ramp Up FGN Bonds, Lock in Yields on Rate Cut Fear

    Investors Ramp Up FGN Bonds, Lock in Yields on Rate Cut Fear Trading activities on the Federal Government of Nigeria (FGN) bonds in the secondary market ended on a bullish…

    Read more