Japan’s benchmark bond yield hits 3% for first time since 1996

What to know

  • US Treasury secretary Scott Bessent sends signal that he expects Bank of Japan to raise rates soonS1
  • Japan’s 10-year government bond yield touched 3% for the first time this century, an important milestone for a debt market that is returning to normality after benchmark borrowing costs languished near zero for years.S2
Timeline · newest first
1mo Financial Times

Japan’s benchmark bond yield hits 3% for first time since 1996

US Treasury secretary Scott Bessent sends signal that he expects Bank of Japan to raise rates soon

1mo Bloomberg

Japan’s 10-Year Bond Yield Hits 3% for First Time Since 1996

Japan’s 10-year government bond yield touched 3% for the first time this century, an important milestone for a debt market that is returning to normality after benchmark borrowing…

Japan’s benchmark bond yield hits 3% for first time since 1996

2 outlets 2 reports

What to know

  • US Treasury secretary Scott Bessent sends signal that he expects Bank of Japan to raise rates soonS1
  • Japan’s 10-year government bond yield touched 3% for the first time this century, an important milestone for a debt market that is returning to normality after benchmark borrowing costs languished near zero for years.S2
Timeline · newest first

Sources · 2 citations

S1 Financial Times 1 report · EN
S2 BloombergLead 1 report · EN