Global long-term bond yields continue to soar. Last week, problems with US bonds and Japanese bonds occurred one after another. The auctions of 20-year Japanese bonds and US bonds fell cold at the same time, causing long-term bond yields in the US and Japan to continue to reach new highs. Many agencies have warned that developed countries' long-term bond markets are facing fragility. The supply of bonds is increasing, but buyers are declining. This situation is unlikely to improve rapidly in the short term, so the yield on long-term treasury bonds is likely to continue to rise.

Global long-term bond yields continue to soar. Last week, problems with US bonds and Japanese bonds occurred one after another. The auctions of 20-year Japanese bonds and US bonds fell cold at the same time, causing long-term bond yields in the US and Japan to continue to reach new highs. Many agencies have warned that developed countries' long-term bond markets are facing fragility. The supply of bonds is increasing, but buyers are declining. This situation is unlikely to improve rapidly in the short term, so the yield on long-term treasury bonds is likely to continue to rise.