Japan's 10-Year Bond Yield Hits 30-Year High Following Sell-Off in Treasurys
The benchmark 10-year JGB rose 8 basis points to 3.055%, its highest since August 1996, as weaker yen concerns added pressure.
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9 Articles
Japan's 10-Year Bond Yield Hits 30-Year High At 3.055%
The post Japan’s 10-Year Bond Yield Hits 30-Year High At 3.055% appeared first on Coinpedia Fintech News Japan’s 10-year government bond yield surged to 3.055%, its highest level in three decades. Higher yields raise borrowing costs, add pressure on Japan’s heavily indebted government, and make cheap yen-funded trades less attractive. The move tracked a broader rise in US Treasury yields, which UOB said had climbed to near two-decade highs acros…
Japan’s 10-Year Bond Yield Hits 30-Year High At 3.055%
The post Japan’s 10-Year Bond Yield Hits 30-Year High At 3.055% appeared first on Coinpedia Fintech News Japan’s 10-year government bond yield surged to 3.055%, its highest level in three decades. Higher yields raise borrowing costs, add pressure on Japan’s heavily indebted government, and make...
On the 24th, following the long weekend, the yield on newly issued 10-year government bonds (383rd issue, coupon rate 2.7%), a benchmark for long-term interest rates, rose to a high of 3.055%. According to Japan Mutual Securities, this is the highest level in 30 years, since September 1996. The significant rise in US long-term interest rates the previous day was a contributing factor to the rise in Japan…
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