🇯🇵 Japanese government bond yields are surging:

• 30Y JGB yield has jumped ~20bps in 3 days, now around 3.10% — near record highs.
• 40Y JGB yield up ~30bps, now ~3.35% — also close to an all-time high.
Sign of shifting dynamics in Japan’s long-term rates. https://t.co/HqyfwPweea