Japan's 10-year Treasury bond yield hit its highest level since November to 0.83%, while the 10-year Treasury yield rose sharply after the U.S. inflation data was released faster than expected. Japan's benchmark 10-year Treasury yield rose 3.5 basis points to 0.83%, while U.S. Treasury yields rose 18 basis points on Wednesday and were largely flat at 4.54% during Asian trading on Thursday. Japan's yields are also under upward pressure on expectations that the Bank of Japan will raise interest rates again this year. Japan's five-year government bond yield rose 3.5 basis points to 0.460%, its highest level since Nov. 1 last year.
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Japan's 10-year government bond yield rose above 0.8%, the highest since November last year
Japan's 10-year Treasury bond yield hit its highest level since November to 0.83%, while the 10-year Treasury yield rose sharply after the U.S. inflation data was released faster than expected. Japan's benchmark 10-year Treasury yield rose 3.5 basis points to 0.83%, while U.S. Treasury yields rose 18 basis points on Wednesday and were largely flat at 4.54% during Asian trading on Thursday. Japan's yields are also under upward pressure on expectations that the Bank of Japan will raise interest rates again this year. Japan's five-year government bond yield rose 3.5 basis points to 0.460%, its highest level since Nov. 1 last year.