JGB Yield Curve Steepens Sharply; 40-Year Yield at Highest in Over a Decade

0132 GMT — The JGB yield curve steepens markedly in early Tokyo trade on worries over Japan’s public finances, with the 40-year JGB yield up 5.5 bps at 4.000% after earlier touching 4.005%, its highest since at least 2015, while the two-year yield is up 0.5 bp at 1.225%, Quick data show. Japanese …