%Japan Government Bond 10Y
JP-10Y
▲ PositiveMonetaryrelevance
Long-term interest rates rise to 3% for first time in 30 years, reflecting upward pressure on rates.
In the Tokyo bond market on the 1st, the yield on the new 10-year government bond, a benchmark for long-term interest rates, temporarily rose to 3.000%, reaching a high level not seen since October 1996, about 30 years ago. According to Japan Bond Trading Co., bond prices are falling. This rise reflects domestic upward pressure on interest rates, and market participants are paying attention to its impact on future monetary policy.
Long-term interest rates rise to 3% for first time in 30 years, reflecting upward pressure on rates.