Business · Markets · 2 hrs ago

Japan’s 10-year bond yield falls to lowest level since late June

Japan’s 10-year bond yield falls to lowest level since late June

Japan’s benchmark 10-year government bond yield fell to 2.665% early on November 6.

That was 0.105 percentage points below the previous day and its lowest level since late June.

Investors bought bonds as a safer asset after US stocks fell sharply on November 5.

The bond yield and price move in opposite directions, so stronger demand for bonds pushes yields down.

Concerns about data center construction weighed on US stocks, prompting investors to avoid risk.

The available information does not say what happens next.

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