Bank of Japan chief vows to keep raising interest rates

Bank of Japan chief vows to keep raising interest rates

Japan’s Long-term Interest Rate Rises to 2.125%, Highest in Past 27 Years

The benchmark long-term interest rate of newly issued Japanese government bonds with a maturity of 10 years temporarily hit 2.125% on Monday, up 0.065 percentage points from the closing on Dec. 30 last year.

Japan 5-Year Yield Hits 2007 High as BOJ Signals More Hikes

Key Insights Japan’s 5-year government bond yield reaches highest level since 2007. BOJ Governor Ueda signals continued rate hikes if economy holds. Policy rate stands at 0.75%, the highest level in 30 years. Japan’s 5-year government bond yield reached 1.60% on January 5, matching its highest level since June 2007. The milestone came as Bank of Japan Governor Kazuo Ueda signaled the central bank will continue raising interest rates if economic…

Japan’s Bond Yields Hit 27-Year High: Are Stablecoins Stepping In?

Japan’s bond yields hit a 27-year high, signaling possible further BOJ rate hikes. Rising yields may draw Japanese investors home, boosting the yen and global yields. Stablecoins like USDT, USDC, and DAI remain stable but could face local demand drops. Japan’s 10-year government bond yield just jumped to 2.12%, the highest it’s been since 1999. Why does this matter? Because it could mean a major shift in Japan’s monetary policy. The Bank of Japa…

BoJ Rate Hikes Possible as Governor Ueda Signals Policy Shift

Bank of Japan Governor Kazuo Ueda has signaled that more interest rate hikes are possible. The move will depend on whether economic growth and inflation continues to match official forecasts. The comments strengthen Japan’s slow shift away from decades of ultra-loose monetary policy. Markets are now paying close attention to other incoming data that could shape the central bank’s next steps. Policy Decisions Will Follow Economic Data Ueda stress…