Updated
Updated · The Wall Street Journal · Apr 30
10-year JGB yield reaches highest level since 1997 amid inflation concerns
Updated
Updated · The Wall Street Journal · Apr 30

10-year JGB yield reaches highest level since 1997 amid inflation concerns

14 articles · Updated · The Wall Street Journal · Apr 30
  • The 10-year Japanese government bond yield rose 5 basis points to 2.510% in early Tokyo trading, its highest intraday level since June 1997.
  • The increase tracks overnight declines in U.S. Treasury prices and is fueled by worries over rising domestic inflation, partly due to higher oil prices linked to ongoing Middle East conflict.
  • Analysts note that both JGBs and U.S. Treasurys often move in tandem, with current market uncertainty heightened by persistent inflation and global energy price volatility.
With Japanese investors pulling back, how much higher will U.S. interest rates climb?
With the yen in freefall, what is Japan's last line of defense against imported inflation?
Is Japan's colossal government debt about to trigger the next global financial crisis?
Is Japan now facing a stagflation trap of high inflation and near-zero growth?
As Japan's central bank tightens, can its government's spending spree avoid a fiscal crisis?
How can Japan escape its 90% energy dependence on a volatile Middle East?