- ECONOMY
Japan’s 10-year Yield Hits over 9-year High, Crosses BOJ Intervention Level

The Bank of Japan
12:21 JST, August 22, 2023
TOKYO (Reuters) — Japan’s 10-year government bond yield hit a more than nine-year high on Tuesday, crossing a level that had prompted the central bank to intervene in the market earlier this month.
The 10-year JGB yield JP10YTN=JBTC rose 1 basis point (bp) to 0.660%, its highest since January 2014, tracking U.S. yields higher.
The increasing yield raised speculation that the Bank of Japan (BOJ) would conduct emergency buying, which could send the yen lower.
"BUSINESS" POPULAR ARTICLE
-
Exports of Nishikigoi Carp to China Halted; Permits for Japanese Aquaculture Facilities By China Have Expired
-
Japan April-Sept. Current Account Surplus Hits Record High
-
Japan 2023 Food Exports Reach 1 Tril. Yen at Record Pace
-
69.7 Bil. Yen in COVID-19 Loans to Small Businesses Uncollectible
-
Japan Railway Operators Eye Net-zero CO2 Emissions Via Hydrogen Fuel Cell Trains
JN ACCESS RANKING