The Economic Times

Global Market: Japans 10-year JGB yield hits three-decade high on BOJ rate hike bets

Japans 10-year government bond yield climbed to its highest level since 1996, driven by rising global bond yields, renewed inflation concerns and growing expectations of a Bank of Japan rate hike as early as September. The move highlights increasing pressure on Japans bond market as investors reassess the outlook for monetary policy.