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Japan 10Y Government Bond Yield Rises to 2.8%, Hits 29-Year High
Japan's 10-year government bond yield once rose to 2.8%. According to Kyodo News, citing Japan Mutual Securities, this marks the highest level in about 29 years since May 1997.The ...
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Japan's 10-year government bond yield once rose to 2.8%. According to Kyodo News, citing Japan Mutual Securities, this marks the highest level in about 29 years since May 1997.

The report noted that concerns over fiscal deterioration triggered selling of government bonds, pushing yields higher.

The JPY weakened this morning, last quoted at JPY158.93 per USD1. (su/da)

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