HomeFinance News10-year JGB yield highest since September 2013, according to ForexLive

10-year JGB yield highest since September 2013, according to ForexLive

Published on

The yield on Japan’s 10-year government bonds (JGB) has reached its highest level since September 2013. This increase in yield indicates rising borrowing costs for the Japanese government, which has important implications for the country’s economy. The surge in yields is largely attributed to growing concerns over inflation and the potential for a shift in monetary policy by the Bank of Japan.

The spike in JGB yields comes as global investors are showing signs of nervousness. Weakness in Wall Street has also impacted Japan’s stock market, with the Nikkei touching a one-month low. However, the index managed to recoup its losses and ended higher, thanks to a boost from companies offering dividends.

Nikkei falls by 1.1%, mainly dragged down by pharmaceutical and electronics stocks. This decline reflects investor sentiments towards these sectors. Meanwhile, Tokyo stocks rise in the morning, driven by the prospect of the Bank of Japan maintaining its easing policy. This positive outlook has prompted investors to increase their positions in various stocks in the hope of favorable monetary conditions in the future.

Despite the volatility in the markets, the Bank of Japan’s policies and the performance of the Nikkei remain significant factors that captivate investor attention.

Source link

Latest articles

Waterfront Restoration’s Expert Aquatic Weed Removal in Long Lake, MN

Frustrated by the weeds and invasive species preventing his family from enjoying the lake,...

Enhancing Paradise: The Ultimate Guide to Landscape Concrete Edging in Hawaii Island for Unbeatable Curb Appeal

As a Hawaii resident deeply entwined with your island roots, you understand the irresistible...

Leading-edge Irrigation Maintenance Services in Port Charlotte, FL by Shaffer’s Irrigation

Boosting the health of your landscape through efficient irrigation requires skill, knowledge and experience....

Experience Remarkable Terrazzo Refurbishing in Sarasota, FL with Intra State Terrazzo and Concrete

Keen on understanding the intricacies that underline the worth of hiring qualified service professionals...

More like this

Waterfront Restoration’s Expert Aquatic Weed Removal in Long Lake, MN

Frustrated by the weeds and invasive species preventing his family from enjoying the lake,...

Enhancing Paradise: The Ultimate Guide to Landscape Concrete Edging in Hawaii Island for Unbeatable Curb Appeal

As a Hawaii resident deeply entwined with your island roots, you understand the irresistible...

Leading-edge Irrigation Maintenance Services in Port Charlotte, FL by Shaffer’s Irrigation

Boosting the health of your landscape through efficient irrigation requires skill, knowledge and experience....