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Yomiuri Shimbun file photo The Bank of Japan building
Jiji Press
11:51 JST, September 21, 2023
TOKYO (Jiji Press)—Japan’s benchmark 10-year government bond yield rose to 0.745% at one point in Tokyo interdealer trading on Thursday, hitting its highest level since September 2013.
The rise in the yield on the latest 371st issue of 10-year Japanese government bonds followed an overnight increase in U.S. interest rates that came after U.S. Federal Reserve Chairman Jerome Powell hinted at the possibility of a further interest rate hike by the end of the year, market sources said.
