Japan’s 10-Year Bond Yield Closes at Highest Level Since 2018
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Japan’s benchmark bond yield closed at the highest level in more than three years as a hawkish outlook for Federal Reserve policy rattled the global debt market.
The yield on the Asian nation’s 10-year government note rose two basis points to 0.155% in Tokyo. It was the highest close since October 2018, based on Japan Bond Trading Co. data compiled by Bloomberg.