By Independent News Roundup
For decades, Japan’s bond market was the definition of stability. That illusion just shattered.
This week, Japan’s 40-year government bond yield surged past 4% for the first time ever, triggering a shockwave across global markets.
In this video, we break down why Japan’s ultra-long bonds are suddenly collapsing, how Prime Minister Sanae Takaichi’s snap election and aggressive fiscal plans spooked investors, and why this isn’t just Japan’s problem. Rising Japanese yields are already pushing up U.S. Treasury rates, shaking equities, lifting gold, and threatening a massive yen carry-trade unwind.
Japan is the largest holder of U.S. debt — and when its capital starts moving, the entire world feels it.
👉 Is this the start of a global bond market reset?
👉 Can the Bank of Japan stop the damage — or make it worse?