JGB yields slide as AI selloff drives haven demand

Bloomberg ·
JGB yields slide as AI selloff drives haven demand
  • Japanese government bond yields fell across the curve on Friday as an AI-driven selloff in equities boosted demand for haven assets.
  • The 10-year JGB yield fell as much as 10 basis points to 2.78%, while the 20-year yield fell 6 basis points.
  • A rally in US Treasuries spilled over into the Japanese bond market.