Business · Markets · 3 hrs ago

Japan’s 10-year government bond yield rises to 2.785%

Japan’s 10-year government bond yield rises to 2.785%

On the morning of Nov.

4, Japan’s 10-year government bond yield rose to 2.785%.

The yield was up 0.015 percentage points from the previous day, meaning bond prices fell.

Higher US yields helped drive the move, as investors sold Japanese bonds.

US long-term yields rose after strong economic indicators brought the possibility of another US rate increase this year into focus.

On Nov.

3, the US long-term yield closed at 4.96%, up 0.05 percentage points from the day before.

The figures point to pressure on Japanese bond prices, but the available information does not say what happens next.

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