#GovernmentBonds

Chinese investors are piling into exchange-traded funds tracking longer-dated government bonds, seeking shelter in a rallying debt market while local stocks keep sliding.

The yen extended its rally to the strongest level in more than a month, as a deepening selloff in technology stocks drove investors to traditional haven assets including Japan’s currency, the nation’s government bonds and US Treasuries.

Group of Seven finance chiefs are set to discuss the selloff in government bonds that’s sending yields on some benchmark securities to their highest levels in decades, with at least one member viewing the move as temporary.

Investors shed government bonds around the world, propelling borrowing costs to multi-year highs from Japan to the US amid intensifying fears that war-driven inflation will force central banks to pursue higher interest rates.

A surge in energy prices triggered by the Iran war is prompting investors to revisit a familiar trade: inflation-linked bonds.

India is considering a significant reduction in the taxes paid by foreign investors on the nation’s bonds as authorities seek to align policies with global norms and attract inflows, according to people with knowledge of the matter.

UK government bonds fell as a growing number of Labour party politicians called on their leader Keir Starmer to step down following large losses in local elections last week.

Pakistan is looking to raise yuan-denominated bonds in China’s onshore market, in what would mark its debut panda bond issuance, with a size of as much as 1.75 billion yuan ($257 million).

UK government bonds rallied as Prime Minister Keir Starmer said he would stay as the Labour leader despite the party’s election losses.

Nigerian assets are rallying across stocks, bonds and the currency as investor confidence builds in President Bola Tinubu’s economic agenda.

Stock investors are betting that companies will make enormous profits, despite the war. But investors in bonds, including U.S. Treasuries, have other concerns.