What is Japan 10 year government bond yield?

Japan 10Y Bond Yield was 0.55 percent on Wednesday December 20, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 10 Year Government Bond Yield - values, historical data, forecasts and news - updated on December of 2023.

What is Japan's bond market?

Consisting of more than 1,000 trillion yen ($7.9 trillion) of debt, Japan's government bond market is one world's largest, but over the past seven years of a policy called yield-curve control (YCC) has become one of the least liquid.

What's going on with the bank of Japan's yield curve control?

REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing Rights TOKYO, Jan 16 (Reuters) - The Bank of Japan's yield curve control (YCC) is under fierce market attack, as investors test the bank's commitment to capping bond yields with inflation above the BOJ's target.

Why did the bank of Japan double the bond market in March 2021?

In March 2021, the bank widened the band to 0.25% either direction to breathe life back into a market its buying had paralysed. Under attack from investors betting on a rate hike, the BOJ doubled the band in December to 0.5% above or below zero and ramped up bond buying to defend the ceiling.