This could signal another 2008/09 collapse in progress. Great time to be stacking PMs.
Japan's super-long bond yields soar to records as market frets about demand
TOKYO, May 20 (Reuters) - The longest-dated Japanese government bond yields soared to all-time highs on Tuesday, with worries about demand catalyzed by a poor 20-year debt auction, in a headache for the Bank of Japan as it attempts to exit from a decade of ultra-easy policy.
The 20-year JGB yield rose as much as 15 basis points to 2.555%, the highest since October 2000, after the Ministry of Finance announced the auction results in the early afternoon in Tokyo.