Home Business & Finance Japan’s Bond Yields Climb on BOJ Hike Bets, Fiscal Concerns
Business & Finance

Japan’s Bond Yields Climb on BOJ Hike Bets, Fiscal Concerns

Key Points

Bonds Japan’s Bond Yields Climb on BOJ Hike Bets, Fiscal Concerns Japan’s bonds fell on fiscal concerns and growing speculation that the Bank of Japan may raise interest rates in the coming months, pushing the 10-year yield to the highest since 1996. The 10-year rate rose as much as 5.5 basis points to 2.93%. The 30-year yield also climbed five basis points to 4.06%, approaching its record high reached in May.

Bonds Japan’s Bond Yields Climb on BOJ Hike Bets, Fiscal Concerns Japan’s bonds fell on fiscal concerns and growing speculation that the Bank of Japan may raise interest rates in the coming months, pushing the 10-year yield to the highest since 1996. The 10-year rate rose as much as 5.5 basis points to 2.93%. The 30-year yield also climbed five basis points to 4.06%, approaching its record high reached in May.
Japan (LOCATION) Bond Yields Climb (ORG) Fiscal Concerns Japan’s (ORG) the Bank of Japan (ORG)
Originally published by Bloomberg Markets Read original →