TOKYO -- Yields on Japanese government bonds are sliding to new lows as the U.K.'s vote to quit the European Union fuels uncertainty over the global economy.
Newly issued 10-year JGBs fell to a record low of minus 0.23% on Tuesday. The downward trend hit instruments with longer maturities as well. The yield on 20-year JGBs fell by nearly half in a single day to 0.04%. And 40-year bonds shrank to 0.065% -- a quarter of last Thursday's yield.
