EconomyJapan’s 10-year yield hits 3% for first time since 1996 as G20 focuses on rate hikes
Japan’s 10-year government bond yield reached 3% on Tuesday for the first time since 1996, amid a worsening global sell-off in sovereign debt. US Treasury Secretary Scott Bessent used the G20 finance meeting to urge Tokyo to raise rates faster.
Japan’s 10-year yield hits 3% for first time since 1996 as G20 focuses on rate hikes