It may not sound like a lot, but a buyer of the benchmark Japanese government bond can now get more than 0.7% interest—the most in nearly a decade. Monday’s rise in the yield of Japan’s 10-year government bond reflected growing expectations for an early rate increase by the Bank of Japan. At 0.705
It may not sound like a lot, but a buyer of the benchmark Japanese government bond can now get more than 0.7% interest—the most in nearly a decade.
Monday’s rise in the yield of Japan’s 10-year government bond reflected growing expectations for an early rate increase by the Bank of Japan. At 0.705%, the 10-year Japanese government bond’s yield Monday afternoon was the highest since January 2014. Still, U.S. and the U.K. equivalents yield more than 4%.
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