PANews reported on April 9 that according to Jinshi Data, Japan's 30-year government bond yield rose to 2.785% on Wednesday, the highest level since August 2004, up 22 basis points on the day to 2.715%. The increase was mainly due to investors selling the most liquid bonds to raise cash amid market turmoil. Katsutoshi Inadome, senior strategist at Sumitomo Mitsui Trust Asset Management, said the situation was similar to panic selling and the yield had exceeded the level before Trump announced the tariff increase. In response to financial market issues, the Bank of Japan, the Ministry of Finance and the Financial Services Agency will hold a meeting of senior officials at 15:00 Beijing time to discuss.
Earlier news said that the Bank of Japan, the Ministry of Finance and the Financial Services Agency will hold a meeting to discuss the international financial market .