Japan Stocks: 10-Year Bond Yields Hit 3%, Banks Sell at Loss
Japanese investment banks are selling government bonds at a loss after 10-year yields hit 3%, the highest since 1996. Yamaguchi Financial Group leads the sell-off driven by faster-than-expected Bank of Japan rate hike expectations, prompting banks to dump long-term bonds and shift to maturities
LucasBennett·5m ago







