Japan 10-Year Yield Holds Near 17-Year High
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Japan’s 10-year government bond yield is around 1.69%, close to a 17-year high, despite political changes and weak economic data. Conservative leader Sanae Takaichi's victory in the party leadership race raises expectations for increased fiscal spending. Real wages fell 1.4% in August, continuing an eight-month decline. BOJ Governor Kazuo Ueda indicated potential rate hikes if economic trends improve, while investors await producer inflation data for further policy insights.
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