Tokyo, 24 July 2026 – Japan’s longest-dated government bonds came under renewed selling pressure, pushing the 40-year yield about 10 basis points higher as surging oil prices intensified concerns over inflation, monetary tightening and the country’s fiscal outlook.
The move formed part of a broader global bond-market sell-off as investors reassessed the risk that elevated energy costs could keep inflation above central-bank targets for longer than previously anticipated.
Kenji Yamamoto is a Senior Fellow at The Ledger Asia, where he explores the critical nexus of Asian international relations, economic development, and environmental sustainability. With extensive experience in cross-border policy analysis, Kenji provides a unique perspective on how diplomatic alliances and green energy transitions drive long-term growth across the Asia-Pacific.
Previously an advisor for regional development banks, he specializes in sustainable infrastructure and the circular economy’s role in modernizing emerging markets. At The Ledger Asia, Kenji’s deep-dive reports help readers navigate the complex balance between rapid industrialization and the global imperative for climate resilience and corporate responsibility.
Related
