Yonhap Infomax NewsJapan's Finance Ministry raises 10-year JGB coupon rate to 2.4%, the highest in 28 years since July 1997, as markets anticipate early BOJ rate hikes amid monetary policy normalization, with yields trading at 2.3426% ahead of today's bond auction.
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Japan's Finance Ministry Sets 10-Year JGB Issuance Rate at 2.4% - Highest in 28 Years
Japan's Finance Ministry raises 10-year JGB coupon rate to 2.4%, the highest in 28 years since July 1997, as markets anticipate early BOJ rate hikes amid monetary policy normalization, with yields trading at 2.3426% ahead of today's bond auction.