Japan bonds tread water as wary investors await weekend election
held steady on Thursday as the market turned calm in the final run-up to potentially pivotal
upper house elections
, following a selloff earlier in the week that sent long-term yields to record peaks.
Recent polls suggest the ruling coalition is seen as increasingly unlikely to retain its majority, ceding more power to opposition parties backing
consumption tax cuts
as a way to ease the burden from rising
consumer prices
.
Explore courses from Top Institutes in
Select a Course Category
Technology
MBA
PGDM
Others
Degree
Artificial Intelligence
Data Analytics
CXO
Product Management
Operations Management
Management
others
MCA
Data Science
Finance
healthcare
Leadership
Cybersecurity
Healthcare
Project Management
Public Policy
Data Science
Design Thinking
Digital Marketing
Skills you'll gain:
Duration:
12 Weeks
MIT xPRO
CERT-MIT XPRO Building AI Prod India
Starts on
undefined
Get Details
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Top 15 Most Beautiful Women in the World
Topgentlemen.com
Undo
Prime Minister
Shigeru Ishiba
's administration has so far eschewed that option in favour of cash handouts.
Bonds Corner
Powered By
Japan bonds tread water as wary investors await weekend election
Japanese government bonds stabilized as the market awaited upper house elections, following a selloff driven by concerns that the ruling coalition might lose its majority. This potential shift in power, favoring parties advocating consumption tax cuts, had previously pushed long-term yields to record highs.
RBI plans bond switch to ease redemption load
Central banks ramp up buying at euro zone bond sales
SBI board approves fundraising of up to Rs 20,000 crore via bonds; stock jumps 2%
Fixed income market outlook: why short-term bonds may outperform in 2H 2025
Browse all Bonds News with
The
fiscal implications
of a defeat for Ishiba in this Sunday's vote saw 20- and 30-year yields surge to record highs on Tuesday of 2.65% and 3.20%, respectively.
Those yields retreated sharply on Wednesday, though, and in the latest session, the 20-year yield remained flat at 2.57%, while the 30-year yield increased by 0.5 basis point (bp) to 3.07%.
Live Events
The 10-year yield eased 0.5 bp to 1.565%. It vaulted to its highest level since October 2008 at 1.595% earlier this week.
"The possibility of the ruling coalition losing its majority in this weekend's upper house election has already been mostly priced in, but it is unclear what the coalition framework will be after that," said Miki Den, a senior rates strategist at
SMBC Nikko Securities
.
"
Investors
are reluctant to take on new positions."
Benchmark 10-year JGB futures were flat at 137.96, after pushing to the lowest since March 28 at 137.70 on Wednesday.
Bond yields
move inversely to prices.
The five-year JGB yield and two-year yield each declined by 0.5 bp to 1.075% and 0.78%, respectively.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
7 minutes ago
- India.com
Adoor Gopalakrishnan Sparks Row At Kerala Film Conclave Over Remarks On Women, SC Filmmakers
Thiruvananthapuram: Veteran filmmaker Adoor Gopalakrishnan stirred a controversy at the Kerala government's Film Policy Conclave with comments perceived as dismissive towards women and Scheduled Caste (SC) filmmakers who receive financial support from the Kerala State Film Development Corporation (KSFDC). During his speech, Adoor expressed concern that the Rs 1.5 crore allocated for SC and ST filmmakers could be misused. 'I had earlier pointed out to the Chief Minister that this amount could lead to corruption. But no corrective action has been taken,' he said. He suggested that instead of awarding Rs 1.5 crore to a single filmmaker, it would be more effective to support three filmmakers with Rs 50 lakh each. He further said that structured training was essential before providing such financial aid. 'Those selected from the SC community should undergo at least three months of intensive training by experts to learn budgeting and basic film production skills,' he said. In a remark that drew strong reactions, Adoor said, 'Don't give funds just because someone is a woman,' though he added that several talented women filmmakers are now emerging. He criticised the current approach of allocating funds, arguing that public money collected through taxes should not be distributed arbitrarily. 'Many people believe that just by applying, they are entitled to receive money to make a film. That's a wrong notion,' he said. Several filmmakers, including Dr Biju, objected to his remarks during the session and attempted to respond, but Adoor continued his address uninterrupted. He also took a swipe at the recent protests at the K.R. Narayanan National Institute of Visual Science and Arts, claiming that the agitation was aimed at undermining attempts to restore discipline at the institute. According to him, the protests ultimately contributed to the institution's decline. Adoor concluded by reiterating that government funding should not be directed towards commercial ventures but should promote quality cinema. His remarks have sparked backlash from sections of the film industry and civil society, with many criticising the tone and timing of his statements at a conclave aimed at shaping inclusive film policy.
India.com
7 minutes ago
- India.com
Will Sunjay Kapoor's stepdaughter inherit a massive share from his Rs 300000000000 crore wealth? Took a Big step, changed her...
Sunjay Kapur's untimely demise on 12 June, 2025 has caused intense storm amongst the members of his family over inheritance dispute. With a reported Rs 30000 crore empire at stake, the question remains- who will inherit how much of the fortune? After the late businessman's death, Priya Sachdeva has been appointed as the non-executive director of Sona Comstar, the family's business. According to reports, she has changed her surname to 'Priya Sunjay Kapur.' Days after, her daughter, Safira, also dropped her surname, 'Chatwal.' While this hasn't been officially confirmed yet, but Saifra's Instagram handle doesn't show her surname, and Priya's handle reads 'Priya S Kapur', either meaning 'Sunjay' or 'Sachdev.'
&w=3840&q=100)
Business Standard
7 minutes ago
- Business Standard
Dhanuka Agritech slips 19% in 2 days post Q1; Axis Sec downgrades to 'Hold'
Dhanuka Agritech share price today: Shares of Gurugram-based agrochemical manufacturer Dhanuka Agritech fell around 6 per cent to hit an intraday low of ₹1,547.6 after it reported a weak set of numbers for the June 2025 quarter (Q1FY26). At 12 PM, Dhanuka's share price was trading 4 per cent lower at ₹1,578.7 per share on the NSE. In comparison, NSE Nifty50 was up 0.44 per cent at 24,672.15 levels. The market capitalisation of the company stood at ₹7,122.22 crore. The stock has plunged nearly 19 per cent in the last two trading sessions. Dhanuka Agritech share price Dhanuka Agritech's profit after tax (PAT) jumped 13.52 per cent year-on-year (Y-o-Y) to ₹55.5 crore in Q1FY26, as against ₹48.89 crore in the same quarter last year (Q1FY25). The revenue from operations grew 7.03 per cent Y-o-Y to ₹528.29 crore in Q1FY26, from ₹493.58 crore a year ago. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) rose 16 per cent Y-o-Y to ₹83.19 crore, from ₹71.72 crore in the same quarter of the previous fiscal year. Subsequently, Ebitda margin expanded to 15.75 per cent in Q1FY26, from 14.53 per cent a year ago. Dhanuka Agritech FY26 guidance The company said, in its investor presentation, that it is expecting higher double-digit growth in its revenue for FY26, while Ebitda guidance remains in line with 2024-25. Dhanuka Agritech Q1 results analysis - Axis Securities According to analysts at Axis Securities, Dhanuka commenced FY26 on a cautious note, posting a 7 per cent Y-o-Y revenue growth in Q1, driven by 5 per cent growth in volumes and a 7 per cent improvement in realisations. The brokerage said that the delayed and uneven southwest monsoon affected timely kharif sowing, softening demand for agri-inputs like herbicides. Conservative farmer sentiment and high channel inventories also weighed on primary sales. However, improved rainfall by late June has brightened agricultural prospects, paving the way for a recovery in Q2. According to Axis Securities, Dhanuka's newly launched 9(3) product — Dinkar, a herbicide for paddy, has received a positive response, particularly in southern markets. The company is on track to launch additional products from its Dahej facility in H2FY26, including Kinzan, a Japanese fungicide (licensed from Nissan Chemicals) targeted at grapes and potatoes. "Furthermore, it plans to launch Melody Duo—a product acquired from Bayer CropScience—along with at least two more new products in FY26, which should support growth momentum," the brokerage said. Axis Securities has downgraded the stock from 'Buy' to 'Hold' with an unchanged target price of ₹1,800 per share, citing limited room for further appreciation at current valuations.
