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.