TOKYO—The yield on Japan’s 20-year government bond Wednesday fell below zero for the first time ever and the 30-year yield dropped as low as 0.015%, as investors seek safety after Britain’s vote to leave the European Union. The 10-year Japanese government bond yield also fell, hitting a record low of minus 0.275%. Global markets reacted swiftly after two big British asset managers blocked investors from pulling money out of...
The Bank of Japan may be running out of options to change monetary policy and weaken the yen after Japan 's 20-year government bond fell below zero for the first time ever on Wednesday . The 30-year bond was just 0.015 % , as Japan sought safety following inflation . Further downward pressure on yields in Japan is expected , due to the anticipation the Bank of Japan will further reduce rates at its July 28 - 29 board meeting , Sumitomo Mitsui analyst Masahiro Ichikawa said .