Our Scans · (FS.5.01) Bond Market · Weekly Summary

• [New] The German government bond yield is expected to increase from 2.89% to 2.97%. FuTu News
• [New] High-yield and corporate bond markets could be busy in 2026, as robust dealmaking will raise demand for buyout financing and AI heavyweights will likely continue to seek capital to fund their data center investments. The Globe and Mail
• [New] Investment-grade bond markets could see more than $300 billion of AI - or data-center-related debt in 2026, part of a record $1.81 trillion in investment-grade bond issuance for the year. Morningstar, Inc.
• When a bond's yield falls, the price rises, so interest rate cuts in 2026 could push bond prices higher, fund managers say. Morningstar, Inc.
• High-yield remains bifurcated: the Chinese property's high-yield bond sector might still show sporadic fragilities despite receding default waves, while the non-property high-yield bond sector in India and South-east Asia offers attractive carry with improving fundamentals. The Business Times
• Japan's 10-year government bond yield, already at an 18-year high of 1.95%, will likely push toward 2.25% or higher as markets price in additional hikes. investing.com
• The 10-year Japanese Government Bond yield is trading around 1.97-1.98%, high enough to threaten yen carry trades that fund risk assets worldwide, including crypto. investing.com
• Japan now faces surging bond yields that will likely keep rising unless the Bank of Japan restarts yield curve control or ramps up quantitative easing, both of which risk further yen weakness. Flash Fixed Income: Five striking charts from 2025 | Tw
• For bond investors, the yield on the 10-year Treasury will likely fall in response to the rate cut, pushing prices higher. Ainvest
• The modest fiscal measures announced in October, including a RMB 500 billion (US$ 70.20 billion) bond issuance, will likely help stabilize investment but are unlikely to meaningfully shift consumption behaviour without stronger income and employment support. China Briefing News
• The Fed will cut less than previously expected (now we assume one 25 bp cut per quarter by end-2025) and the UST bond 10-year yield will be higher. MUFG Research
• Scotland is now on track to commence the bond programme from 2026-27, with the proceeds used to fund capital investment in key infrastructure. BBC News
• The structured financing (a bond listed on the Vienna Stock Exchange) will refinance existing debt and provide capital for Power Capital's pipeline of solar and energy storage projects across Ireland. Tech Startups - Startups and Technology news
• Long-end bond markets reflect fears of larger fiscal packages: the 30-year JGB yield reached a record near 3.345%, roughly 1 percentage point higher than at the start of the year, even though no new spending has yet been enacted, indicating expectations of more debt supply are priced in. Stock Market Update
• Both gold and the long bond yield can be expected to be rising in synchrony subsequent to their respective corrections: A rising long bond yield tells us that markets are pricing in greater investment risk for buyers of US treasury debt. Asset Strategies International
• A hawkish surprise, like signalling a pause, could spark a bond yield spike and equity sell-off; conversely, hints at further rate cuts (aligning with the Fed's latest dot-plot) might fuel a risk-on rally. investing.com
• In regions such as Thailand and the Philippines, tokenized bond programs have encouraged small-scale participation through fractional investment opportunities. Electro IQ
• The Public Investment Fund of Saudi Arabia, which manages $1 trillion, plans to issue its first euro-denominated green bond. Winssolutions

Last updated: 13 January 2026