Japan's Long-Term Interest Rate Hits 3%, Highest in 30 Years
Japan's benchmark long-term interest rate reached 3% on September 1, its highest level since 1996, as government bond selling accelerated on expectations of a possible Bank of Japan rate hike, rising U.S. yields and growing concerns over Japan's fiscal outlook. (News On Japan)
We haven't written up this one. News On Japan has the full story — the link below goes straight to it.
