Global bond selloff deepens as US launches fresh attacks on Iran
Oil prices rose, stocks fell and bond yields spiked after the US launched fresh attacks on Iranian targets. Japan's 10-year bond yield hit 3% for the first time since 1996. The deepening global selloff comes amid fears over rising inflation and concern over mounting government debt - which in the US has risen above 40
As bonds sell off, Japan needs the discipline of high interest rates
CommentCapital should go to investments that speed up long-term growthRising bond yields may be a sign the Japanese economy is emerging from three lost decades. (Photo by Yutaka Miyaguchi)SETSUO OTSUKASeptember 2, 2026 03:22 JSTTOKYO -- With Japan's long-term bond yields climbing above 3% for the first time in 30 years