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Japan's long-term rates rose to 3% level, indicating higher yields.
Japan's long-term interest rates rose to the 3% level for the first time in about 30 years on the 1st, intensifying concerns of spillover effects on global financial markets. In response, the finance ministers of Japan and the United States held talks and confirmed their cooperation to ensure market stability. This development comes amid continued upward pressure on global interest rates, making policy responses by various countries a focal point.
Japan's long-term rates rose to 3% level, indicating higher yields.