On August 4, 2025, Japan's 10-year government bond yield declined by 8.5 basis points to 1.465%, while the 30-year bond yield increased slightly by 1 basis point to 3.11%. Additionally, the 40-year government bond yield rose by 2 basis points to 3.38%. Japan's 10-year JGB futures gained 0.14 in early trade, and Nikkei futures rose by 0.5%. A recent ¥2.6 trillion auction of 10-year Japanese government bonds attracted strong demand amid the declining yield. Meanwhile, German 10-year bond yields continued their downward trend, dropping 5 basis points to 2.63%, reflecting ongoing gains in German bonds.
