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Japan’s 30-year bond yields rise to record as auction tests demand

Record-high yields on 30-year Japanese bonds helped support demand at an auction of the debt on Thursday at a time when the government plans massive debt-fuelled stimulus. The 30-year Japanese government bond (JGB) yield climbed to an unprecedented 3.445% in early trade. The benchmark 10-year yield reached 1.905%, the highest since July 2007. [...]