Japan 10-year yield tops 3% for first time since 1996 as BOJ hike looms

Japan's 10-year government bond yield rose above 3% for the first time since 1996, with 20-year yields near 3.9%, and the BOJ is expected to hike rates again this week. A separate post claims Japan has been selling US Treasuries in the open market to obtain USD to defend the yen.

Detected & updated continuously · Source: Nebula