％Japan Government Bond 10Y
JP-10Y
▼ NegativeMonetaryrelevance
BOJ raised its policy rate to 1.25%, pushing the 10Y JGB yield up (bond price down).
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The Bank of Japan has raised its policy rate to 1.25%. Following the decision, comment sections on Yahoo! News have seen voices pointing to the heavier burden on people who took on more borrowing during the long period of ultra-low interest rates. Some say that even those who switched from variable to fixed rates, as well as current mortgage holders and the generation about to buy homes, will face tougher conditions, and some see more people letting go of their homes as daily life gradually becomes harder. Although the risk of rising rates had already been priced in, rates are climbing at twice the expected pace, and some candidly worry that the margins built up during the low-rate era will disappear.
BOJ raised its policy rate to 1.25%, pushing the 10Y JGB yield up (bond price down).