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Global Market: Japan’s 10-Year JGB Yield Hits Three-Decade High on BOJ Rate Hike Bets

The benchmark yield reached 2.925%, its highest since 1996, after Japan reported 1.1% annualized growth and weaker private demand.

Japans 10-year government bond yield climbed to its highest level since 1996, driven by rising global bond yields, renewed inflation concerns and growing expectations of a Bank of Japan rate hike as early as September. The move highlights increasing pressure on Japans bond market as investors reassess the outlook for monetary policy.

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(Tokyo=Yonhap News) Correspondent Lee Do-yeon = The yield on Japan's 10-year government bond, a benchmark for long-term interest rates, rose to 2.93% at one point on the 17th, causing bond values to hit a 30-year low...

·Seoul, Korea (the Republic of)
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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Monday, August 17, 2026.
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