INTEREST RATES AND CURRENCIES: Japan’s Ten-Year Interest Rate at Its Highest Level Since the 90s
3 Articles
3 Articles
On the Tokyo bond market on the 17th, the yield on newly issued 10-year government bonds, a benchmark for long-term interest rates, rose (prices fell), briefly reaching 2.930%. This was due to expectations of interest rate hikes by the Bank of Japan, concerns about worsening fiscal conditions, uncertainty in the Middle East, and global inflation…
On the 18th, the yield on newly issued 10-year government bonds, a benchmark for long-term interest rates, rose in the Japanese government bond market, briefly reaching 2.945%. According to Japan Mutual Securities, this is the highest level in approximately 29 years and 10 months, since October 1996. The key 3% mark is now within sight. This rise is attributed to the ripple effect of rising US long-term interest rates, as well as...
INTEREST RATES AND CURRENCIES: Japan’s ten-year interest rate at its highest level since the 90s
The yield on Japan’s 10-year government bond rose to its highest level since 1996, rising 5.5 basis points to 2.93 percent on Monday morning. At 15:33 in the afternoon, the rate was 2.907. The background is fiscal concerns and growing speculation that the country’s central bank may raise interest rates in the coming months, the […]
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