Bonds

Global bond sales reach US$1 trillion at their fastest pace ever

Some fund managers are paring their purchases of corporate notes

Under pressure to improve long-term returns amid Japan's ageing population, GPIF gradually raised its exposure to overseas assets over the past decade.

Japan’s bond meltdown spurs speculation over GPIF portfolio shift

Move could help arrest the spike in yields by increasing its asset allocation to the country’s government bonds

Some US$5 trillion of the country’s capital is deployed overseas.

Malaysia, Mexico most at risk from Japan carry unwind, HSBC says

Traders are on guard for increased volatility in markets ahead of an election on Feb 8

With a snap election coming up on February 8, Japanese long-range bond yields shot up more than 25 basis points this week.

Japan’s election, Greenland’s takeover and Asia’s market resilience

From Japan’s bond shock to Greenland geopolitics, Asian markets stay resilient as political risks pile up. Emily Liu finds out why.

Long-duration assets are expected to exhibit “significantly higher price volatility” than the rest of the curve throughout 2026.
BROKERS’ TAKE

Smart yield hunting: CGSI says buy SGD, AUD-issued bonds, 5-10 year investment-grade debt

Analyst recommends investment-grade bonds with mid-term maturity rates

The two tranches of floating-rate and fixed-rate notes are being issued under the lender’s US$30 billion global medium-term note programme.

UOB’s Sydney branch prices A$2 billion in five-year notes

They comprise A$750 million in floating-rate notes and A$1.25 billion in fixed-rate notes

Investor attention has sharpened in recent days after long-term Japanese bond yields surged to multi-year – and in some cases multi-decade – highs.

Asian equities hold ground as Japan bond jitters ease; Wall Street up in early trade

Spillover from Japan’s debt market moves appear limited as regional investors turn to policy signals from Davos

The yield on 40-year Japanese bonds rocketed above 4 per cent in mid-January, a first for any maturity of the nation’s sovereign debt in more than three decades.

Why investors are worried about Japan’s bond market

Japan’s US$7.5 trillion bond market, long a pillar of stability, now faces weakening investor demand

With a snap election in Japan coming on Feb 8, investors are worried there will be more volatility ahead.

Japanese bonds may rebound after Katayama calls for market calm

JAPAN’S bonds are likely to rebound after Finance Minister Satsuki Katayama called for calm among market participants following a selloff that pushed yields to all-time highs.