Japan's government bond yields have seen a significant increase, with the 5-year bond yield reaching 0.42%, the highest since November 14, and the 10-year bond yield climbing to 0.795%, the highest since March 15th. Subsequently, the 10-year yield rose above 0.8%, eventually reaching 0.835%, marking the highest level since November. This surge in yields follows a hotter than expected Consumer Price Index (CPI) report in the United States, which led to a sharp rise in US Treasury yields and a corresponding increase in Japanese bond yields. The USD/JPY exchange rate also rose through $153.24, reflecting a weakening yen in the face of these developments.
The yield on Japan’s 10-year government bond climbed to its highest since November after a jump in US inflation set off a rout in Treasuries https://t.co/nXoeDVUMoj
After hotter than expected CPI, $USDJPY rose thru $153.24 (marking a very weak #yen) and Japanese 10yr government bond yields surged (😜) to a whopping 835 basis points (UP 4 BASIS POINTS!) “after 10-year #Treasury yields surged 18 basis points” … #JGB #UST #CPI … now, talked… https://t.co/vZ8Q3MyKXC
The yield on Japan’s 10-year government bond climbed to its highest since November after a jump in US inflation set off a rout in Treasuries https://t.co/cgU4eeRvII
*JAPAN 10-YEAR YIELD RISES ABOVE 0.8%, HIGHEST SINCE NOVEMBER
🔴 JAPAN'S 10-YEAR YIELD REACHES HIGHEST LEVEL SINCE NOVEMBER, SURPASSING 0.8%
🔴 JAPAN'S 10-YEAR GOVERNMENT BOND YIELD INCREASES TO 0.795%, HIGHEST SINCE MARCH 15TH.
🔴 JAPAN'S 5-YEAR GOVERNMENT BOND YIELD INCREASES TO 0.42%, THE HIGHEST SINCE NOVEMBER 14.