In the bond market on the 13th, long-term interest rates exceeded the upper limit of 0.5% raised by the Bank of Japan last month for the first time, rising to 0.545% for the first time in about seven years and seven months. Against the backdrop of the speculation that the Bank of Japan will revise its monetary policy further following last month’s move, the market has been selling government bonds, increasing upward pressure on interest rates.
Source
Bond market long-term interest rate rises to 0.545% over the upper limit for the first time in about 7 years and 7 months | NHK
