Japan Five-Year Yield Hits Highest Since 2013 Amid Debt Rout
10/04/2023 09:40
Yields on Japan’s five-year government notes rose to their highest level since 2013 following a selloff in the global debt market and amid speculation the central bank will adjust monetary policy.
Yields on Japan’s five-year government notes rose to their highest level since 2013 following a selloff in the global debt market and amid speculation the central bank will adjust monetary policy.
The five-year yield rose 1.5 basis points to 0.335% as of 10:03 a.m. Wednesday in Tokyo. The move came after US Treasury yields surged across the curve this week, taking the 10-year and 30-year maturities to new multiyear highs.
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Japan Five-Year Yield Hits Highest Since 2013 Amid Debt Rout