G-7 Finance Chiefs to Discuss Bond Selloff as Japan 30-Year Yield Hits Highest Since 1999
Updated
Updated · Bloomberg · May 15
G-7 Finance Chiefs to Discuss Bond Selloff as Japan 30-Year Yield Hits Highest Since 1999
2 articles · Updated · Bloomberg · May 15
May 18-19 talks in Paris will include the government bond selloff that has pushed some benchmark yields to multi-decade highs, Japanese Finance Minister Satsuki Katayama said.
Japan’s 30-year government bond yield climbed Thursday to its highest level since the tenor debuted in 1999, while 20- and 40-year yields also reached their highest levels in decades.
Katayama said at least one G-7 member views the market move as temporary, signaling no immediate consensus that the selloff reflects a lasting shift.
The bond-market discussion adds to a broader G-7 agenda already shaped by the Iran conflict, oil above $100 a barrel and supply-chain security concerns.
With oil above $100 and war-driven supply shocks, can global markets remain resilient, or is a deeper economic downturn inevitable?
How might prolonged disruption in the Strait of Hormuz reshape global food security and economic power balances in the coming year?
Could the AI-driven stock boom collapse if inflation and political instability worsen, or will technology continue to shield markets from real-world crises?
G7 Confronts 12-Week Iran War: Oil Shock, Energy Security, and the Risk of Global Stagflation
Overview
As the Iran war enters its twelfth week, G7 Finance Chiefs have gathered in Paris to address the sharp surge in global oil prices and mounting economic uncertainty caused by the conflict. The escalation has triggered anxiety in global markets, especially among European governments who fear a repeat of the 2022 energy crisis that followed Russia’s invasion of Ukraine. The G7 is urgently discussing coordinated strategies to stabilize energy markets and prevent severe economic fallout, highlighting the interconnectedness of geopolitical tensions, energy supply disruptions, and the risk of renewed global economic instability.