TOKYO, Jan 06 (News On Japan) –
Japan’s long-term rates of interest climbed to their highest degree in roughly 27 years, with the yield on newly issued 10-year authorities bonds briefly reaching 2.125% on January fifth, marking the best degree since February 1999.
The rise is broadly seen as reflecting market hypothesis that the central financial institution might transfer towards further rate of interest hikes, following a weakening of the yen in opposition to the dollar in overseas trade markets. Expectations that larger charges would push down authorities bond costs seem to have pushed promoting, lifting yields to the multi-decade excessive.
Source: テレ東BIZ