TOKYO -- Yields on ultralong Japanese government bonds are wielding greater influence on the global market as fiscal concerns mount in Japan and the U.S., in addition to growing interest in the notes from foreign investors.
Demand suffers at latest auction amid fiscal uncertainties

Japanese bond yields are seeing a greater correlation with yields overseas. (Photo by Yutaka Miyaguchi)
TOKYO -- Yields on ultralong Japanese government bonds are wielding greater influence on the global market as fiscal concerns mount in Japan and the U.S., in addition to growing interest in the notes from foreign investors.