Business · Markets · 3 hrs ago
Japanese Government Bonds Rise as Investors Seek Safer Assets
Japanese government bonds rose as investors moved toward safer assets.
The rally tracked gains in US Treasuries, the bonds issued by the US government.
A selloff in US stocks spread into Asian markets, adding to concerns among investors.
That helped deepen a wider move away from riskier investments, often called a risk-off move.
Demand for bonds can rise during such shifts because investors seek assets viewed as safer.
The story gives no further details on what happens next.
Japanese government bonds rose on Friday as investors sought safer assets.
The move tracked a rally in US Treasuries as a US stock selloff spread to Asian markets.
The selloff deepened a broader risk-off move, according to Bloomberg.
US Treasury yields fell by as much as nine basis points on Thursday.
- Who
- Japanese government bonds and investors seeking safer assets.
- What
- Japanese government bonds rose.
- When
- Friday.
- Where
- Japan, as the selloff in US stocks spread to Asian markets.
- Why
- The US stock selloff deepened a broader risk-off move and boosted demand for haven assets.
This story does not have two clearly opposing sides.
US Treasuries rose as a selloff in large US technology shares drove demand for havens.
Japanese government bonds rose, tracking the rally in US Treasuries as the stock selloff reached Asian markets.
- Japanese government bonds
- Rose on Friday
- US Treasury yields
- Fell by as much as nine basis points on Thursday
- Nasdaq 100
- Fell 4.75% on Thursday
- Philadelphia Semiconductor Index
- Fell 8.83% on Thursday
2 sources
What people are saying
Today is a risk-off move in our view