German Bank: Japanese government bonds are exerting new pressure on distant yield rates.

Christoph Rieger, head of research and credit research at Deutsche Bank, pointed out in a report that the major government bond yield curve continues to steepen, with Japanese government bonds putting pressure on long-term yields. He stated, "Nothing has happened, but the curve continues to steepen, which is concerning." According to data from LSEG, the yield on Japan's 20-year government bonds reached a multi-decade high of 2.657% earlier on Tuesday, the highest level since November 1999, before falling back to 2.617%.