#Japan5YearYieldHitsRecordHigh Japan’s 10-year government bond yield climbed 2.5 basis points to 2.945%, reaching its highest level since September 1996. At the same time, the 5-year JGB yield briefly hit a record 2.18% before easing back.
This is becoming a major signal for global markets. Rising Japanese yields reflect stronger inflation concerns and growing expectations that the Bank of Japan could tighten policy further.
If Japanese yields continue climbing, investors may start reassessing positions across bonds, equities, currencies, and other risk assets.
The big level to watch is 3% o