What is the 10-year Japanese government bond yield?

The 10-year Japanese government bond yield is also kept level, hovering around 0%. Interest rates in Japan have fluctuated greatly over the past four decades. They reached an all-time high of 9% in December 1973, and have been in a record low of -0.1% since 2016.

Why did Japan's 10-year yields rise?

Japan's 10-year yields rose despite the central bank's daily offers to buy unlimited amounts of 10-year bonds to keep the benchmark rate below the bank's target. Under yield curve control, the BOJ guides short-term rates at -0.1% and the 10-year JGB yield around 0%.

What is the yield on Japan's 10-year government note?

The yield on the Asian nation’s 10-year government note rose two basis points to 0.155% in Tokyo. It was the highest close since October 2018, based on Japan Bond Trading Co. data compiled by Bloomberg.