A post by @FirstSquawk on X.

Japan’s 40-year government bond yield slipped 0.5 basis points to 4.055%, according to First Squawk. The move extends a modest decline at the long end of the JGB curve, though the 40-year yield remains elevated in absolute terms. The headline figure is notable because it captures duration-sensitive pricing at the super-long tenor, where small basis-point shifts can signal changing demand for long-dated sovereign exposure. With only a half-basis-point move, the print points to incremental positioning rather than a decisive repricing of long-term growth or inflation expectations. Watch whether the move extends across the 20- and 30-year sectors and whether it is sustained in the next session.