Japan bond yields spike on Takaichi budget fears, worries over US view
BondsBenchmark JGB yield rises toward 3% as markets brace for next phase of fiscal planningThe Takaichi administration will compile the fiscal 2027 budget, its first full budget cycle in office, before seeking cabinet approval at the end of the year. (Nikkei montage/Source photos by Ken Suzuki)JADA NAGUMOAugust 19, 202
Japan's 10-year government bond yield rises to three-decade peak
TOKYO, Aug 18 : Japan's benchmark 10-year government bond yield climbed to a three-decade high on Tuesday, driven by rising overseas bond yields and speculation about a near-term Bank of Japan interest-rate increase.The 10-year JGB yield added 2.5 basis points to 2.945 per cent early in the trading day, the highest lev