Long-term yields have nearly doubled over the past 1 year and reached 3%, raising the question of what will happen after reaching that level.
A report by Ueno Tsuyoshi (上野 剛志), chief economist at NLI Research Institute, notes that long-term yields have risen to nearly twice their level over the past 1 year and reached 3%. The focus going forward is expected to be on developments after yields reached 3%.
The article is positioned as a release from the research institute, which specializes in economic and financial market developments, and is intended to provide material for interpreting the outlook and issues surrounding policy responses.