The yield on the newly issued 10-year Japanese government bond, a benchmark for long-term interest rates, briefly reached 2.930%, its highest level in more than 28 years. The level was reported as observed on the morning of the 17th.
The yield on the newly issued 10-year Japanese government bond briefly reached 2.930%, marking the level cited as a benchmark for long-term interest rates.
The level was reported to be the highest in 29 years and 10 months.
The article included a photograph of a monitor display in Chuo Ward, Tokyo, and a photograph of the Bank of Japan's headquarters.