22-07-2025
Japan Faces 40-Year Debt Sale as Fiscal Fears Linger After Vote
Japan's 40-year government bond auction on Wednesday will be the first test of investor appetite for super-long debt following a historic election defeat for Prime Minister Shigeru Ishiba.
Investors remain concerned over the outlook of bonds in one of the most indebted developed nations amid expectations of higher government spending as Ishiba tries to placate disaffected voters. Widening asset swap spreads are already pointing to worries over Japan's fiscal trajectory.
