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Japan’s 10-Year Bond Yield Hits 3% for First Time Since 1996

2 outlets - including Ft and Bloomberg - are covering this story. US Treasury secretary Scott Bessent sends signal that he expects Bank of Japan to raise rates soon
Covered by 2 outlets
All coverage · 2 articles
Financial Times
·1h ago
Japan’s benchmark bond yield hits 3% for first time since 1996
US Treasury secretary Scott Bessent sends signal that he expects Bank of Japan to raise rates soon
Bloomberg Markets
·1h ago
Japan’s 10-Year Bond Yield Hits 3% for First Time Since 1996
Japan’s 10-year government bond yield touched 3% for the first time this century, an important milestone for a debt market that is returning to normality after benchmark borrowing costs languished near zero for years.