JGB yields edge lower with investors cautious before Trump tariffs

Reuters
2025.04.02 06:14
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Japanese government bond yields fell as investors sought safety ahead of U.S. President Trump's tariff announcement, dubbed "Liberation Day." The 10-year JGB yield dropped to 1.475%, the lowest in a month, while other yields also declined. Bank of Japan Governor Kazuo Ueda plans to discuss the implications of Trump's tariffs at an upcoming G20 meeting. Goldman Sachs revised its year-end forecast for the 10-year JGB yield down to 1.5%, citing increased recession risks due to the tariffs.