Japan’s 10-year government bond yield surged above 1.65% for the first time since 2008, driven by speculation over a potential Bank of Japan rate hike and increased risk appetite as the Nikkei index rallied.
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Japan 10-Year Government Bond Yield Surges Past 1.65%—Highest Level in 17 Years
Japan’s 10-year government bond yield surged above 1.65% for the first time since 2008, driven by speculation over a potential Bank of Japan rate hike and increased risk appetite as the Nikkei index rallied.