Japan's benchmark bond yield hits 30-year high
Japan's benchmark government bond yield reached a 30-year high. The rise is driven by market expectations of an early interest rate hike by the Bank of Japan.
Loading
A chronological collection of reports about Bank of Japan, with their sources shown for comparison.
Japan's benchmark government bond yield reached a 30-year high. The rise is driven by market expectations of an early interest rate hike by the Bank of Japan.
Japan's economy grew 1.1% annualized in Q2 2026, missing the 2% forecast. Growth was driven by exports, aided by a weak yen, while domestic demand remained soft. The Bank of Japan slightly raised its GDP growth outlook for the 2026 fiscal year to 0.6%. Energy prices remain a concern due to the conflict in the Middle East.
The Bank of Japan decided to hold its benchmark interest rate steady. The central bank lowered its inflation outlook for the current fiscal year.