Economic TimesLean R·
Global Market: Japan’s 10-year JGB yield hits three-decade high on BOJ rate hike bets
Japan’s 10-year government bond yield climbed to its highest level since 1996, driven by rising global bond yields, renewed inflation concerns and growing expectations of a Bank of Japan rate hike as early as September. The move highlights increasing pressure on Japan’s bond market as investors reassess the outlook for monetary policy.
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