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المشهد العربي
Japanese bond yields hit 30-year high
The yields on Japanese 10-year government bonds rose to their highest level since 1996, reaching 2.93 percent. This increase comes amid growing concerns about inflation and the depreciation of the Japanese yen, which has fallen close to 159 yen per dollar. Expectations are also mounting that interest rates will be raised to 1.25 percent in September. This rise in yields reflects the state of the Japanese economy, which experienced an unexpected slowdown in GDP growth during the second quarter, coupled with a decline in consumer and investment demand—adding pressure on the central bank's policies.
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