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27 Mar 2026 15:58
Japan's 10-year government bond yield jumps to highest level in 27 years
Japan’s benchmark 10-year government bond yield jumped to its highest level in 27 years on Friday as investors eyed possibility that the Bank of Japan could resume raising interest rates amid persistent inflation pressures driven by higher energy costs. The yield climbed to around 2.38%, extending a selloff in sovereign debt as the Middle East conflict kept oil prices elevated. WTI Crude is currently up 1.70% at $96.10 per barrel.
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