Japan's 30-year bond yield hit a new high, and the market is buzzing about the possibility of the central bank raising interest rates this month
2025-12-02 02:26:38
Japan's 30-year bond yield hit a record high, driven by persistently high inflation and growing market expectations that the Bank of Japan will raise interest rates later this month. It is up 1.5 basis points at 3.405%. Bank of Japan Governor Kazuo Ueda said on Monday that the central bank will thoroughly discuss the possibility of a rate hike at its upcoming meeting, boosting market expectations for a near-term rate hike. The 10-year bond yield was flat at 1.875%. (Jin Ten)
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