The yield gap between Japan's 10-year and 30-year treasury bonds will widen further. Investors believe that the Japanese government may increase government spending before the July general election, which will further hurt the country's financial situation, and domestic political concerns put pressure on Japan's ultra-long-term treasury bonds. Meanwhile, 10-year Japanese treasury bonds stabilized after a sharp fall, and the market speculated that a potential slowdown in the global economy would prompt the Bank of Japan to postpone interest rate hikes. Combining these factors, the yield gap between 10-year and 30-year treasury bonds became more distorted and steeper, expanding by about 18 basis points to about 110 basis points in the past month, the highest level since mid-January. Meanwhile, Japan will bid for 40-year treasury bonds on March 27. Oversupply and insufficient demand may limit Japan's longest-term treasury bonds.

The yield gap between Japan's 10-year and 30-year treasury bonds will widen further. Investors believe that the Japanese government may increase government spending before the July general election, which will further hurt the country's financial situation, and domestic political concerns put pressure on Japan's ultra-long-term treasury bonds. Meanwhile, 10-year Japanese treasury bonds stabilized after a sharp fall, and the market speculates that a potential slowdown in the global economy will prompt the Bank of Japan to postpone interest rate hikes. Combining these factors, the yield gap between 10-year and 30-year treasury bonds became more distorted and steeper, expanding by about 18 basis points to about 110 basis points in the past month, the highest level since mid-January. Meanwhile, Japan will bid for 40-year treasury bonds on March 27. Oversupply and insufficient demand may limit Japan's longest-term treasury bonds.