When markets move fast, accurate data matters: stay ahead with TraditionData

On Wednesday, April 9, 2025, The US’s new tariffs on dozens of countries took effect, with Japan hit with an expected 24% rate. However, 13 hours after coming into effect Trump announced a 90-day pause on these tariffs.

This sudden reversal highlights just how much can change in a single day. The announcement caused Tradition’s JPY Benchmark 10-year yield (JP10YT=TRDT), which closed at 1.269%, to jump over 10 basis points to 1.371% at the start of trading on Thursday.

“It has been a very volatile week throughout the market. Our 10-year, 20-year, 30-year, and 40-year JGB benchmark yield prices have seen increases of 19% or more since the beginning of the week. Day on day our 10-year benchmark yield has seen percentage changes of -8.5% on Monday, 13.8% Tuesday, 1.4% Wednesday and 5.4% on Thursday. This market volatility highlights the importance for quality real-time data from the world’s second largest government bond market, something that our leading voice bond market brokerage can provide.”
Saracen Fletcher, APAC Product Development & Strategy.

TraditionData’s Japanese Government Bonds and Fixed Income products provide robust solutions for navigating volatility in the APAC markets. These include real-time and end-of-day data for Government and Corporate bonds, offering accurate insights into market trends. By leveraging this data, businesses can better understand fluctuations and make informed decisions in volatile market conditions.