Japan 10 Year Yield Update 11 November 2025
Yield at recent highs
Back to 2008 levels. Strong trend now that yield has broken above the trend line again. Currency is weakening and stock market is at all time highs. Market is trying to find some sort of neutral pricing where yield is attractive to investors.
We don’t have a position in yield, just in USD/YEN. Think this is a big play, think Italian bond yields as they c…