TOKYO, Aug 22 (News On Japan) –
The yield on the brand new 10 yr Japanese authorities bond, a key benchmark for long run rates of interest, rose to 1.61 % on August twenty second. This marked the best stage in about 16 years and 10 months, since October 2008.
The enhance got here amid rising expectations that the Bank of Japan will transfer towards one other rate of interest hike within the close to time period.
Source: テレ東BIZ