Japan 10Y Yield Hits Fresh 28-Year High

Trading Economics
2026.04.13 02:30
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Japan's 10-year government bond yield reached 2.48%, the highest since July 1997, amid rising oil prices and geopolitical tensions following failed US-Iran peace talks. President Trump announced plans to blockade the Strait of Hormuz, increasing risks of a global energy crisis. The Bank of Japan faces a divided outlook on policy, balancing inflation risks against growth concerns, with a policy meeting scheduled for April 27-28. Economy Minister Akazawa suggested using monetary policy to strengthen the yen and curb inflation.