Economic TimesLean R·
Global Market: Japanese bond yields climb to multi-decade highs amid inflation and fiscal concerns
Japanese government bond yields surged to multi-decade highs as investors grew concerned over persistent inflation, rising government spending and uncertainty over the future path of Bank of Japan monetary policy. The benchmark 20-year JGB yield climbed to its highest level since 1996, reflecting growing worries about Japan’s fiscal outlook and borrowing needs.
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