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Japan’s Long-Term Interest Rates Hit 30-Year High of 3%

Japan’s long-term interest rates reached a 30-year high of 3.005% on September 1, as Tokyo bond markets reacted to a record national budget request and persistent worries over fiscal discipline.

  • Japanese long-term interest rates hit 30-year high of 3%
  • 10-year government bonds yield reached 3.005%
  • Concerns over fiscal health and aging population drove rates up

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