financetom
World
financetom
/
World
/
Japan 10-year yield rises to fresh 27-year high on inflation concerns and fading Fed cut hopes
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan 10-year yield rises to fresh 27-year high on inflation concerns and fading Fed cut hopes
Apr 5, 2026 5:53 PM

TOKYO, April 6 (Reuters) - Benchmark Japanese government

bond (JGB) yields rose to a fresh near-three-decade high on

Monday, as investors fretted about inflationary pressures from

the Middle East war while a strong U.S. jobs report reduced

expectations for an early rate cut.

The benchmark 10-year JGB yield rose 2 basis

points (bps) to 2.400%, the highest since February 1999. Yields

move inversely to bond prices.

U.S. President Donald Trump on Sunday ratcheted up pressure

on Iran, threatening in an expletive-laden Easter Sunday social

media post to target Iran's power plants and bridges on Tuesday

if the strategic Strait of Hormuz is not reopened, pushing oil

prices higher.

U.S. nonfarm payrolls grew more than expected last month and

the unemployment rate fell to 4.3%, data released on Friday

showed, bolstering expectations the Federal Reserve will keep

interest rates steady as it assesses growth, inflation and the

economic fallout from the war with Iran.

The five-year yield rose 2 bps to 1.815%.

Other tenors were yet to be traded as of 0022 GMT.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MORNING BID EUROPE-Data is king, Fed its servant
MORNING BID EUROPE-Data is king, Fed its servant
Jun 12, 2024
A look at the day ahead in European and global markets from Kevin Buckland The verdict from investors appears to be that benign U.S. inflation trumps the Fed's rate outlook, clearing the way for gains in Asian equities, and potentially in Europe too. The initial shock at projections for just one U.S. rate cut this year despite a very tame...
Japan's Nikkei reverses early gains ahead of BOJ's policy decision
Japan's Nikkei reverses early gains ahead of BOJ's policy decision
Jun 12, 2024
TOKYO, June 13 (Reuters) - Japan's Nikkei share average surrendered early gains to trade lower on Thursday ahead of the Bank of Japan's policy decision due Friday. The Nikkei was down 0.12% to 38,831.36 by the midday break, after rising nearly 1% to cross the 39,000 level earlier in the session as chip-related stocks tracked their U.S. peers. The broader...
CANADA-CRUDE-Heavy oil discount widens further
CANADA-CRUDE-Heavy oil discount widens further
Jun 12, 2024
June 12 (Reuters) - The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) widened on Wednesday: * WCS for July delivery in Hardisty, Alberta, settled at $13.50 a barrel below WTI, according to brokerage CalRock, having settled at $13.25 a barrel under the benchmark on Tuesday. * The widening comes as...
Morning Bid: Data is king, Fed its servant
Morning Bid: Data is king, Fed its servant
Jun 12, 2024
A look at the day ahead in European and global markets from Kevin Buckland The verdict from investors appears to be that benign U.S. inflation trumps the Fed's rate outlook, clearing the way for gains in Asian equities, and potentially in Europe too. The initial shock at projections for just one U.S. rate cut this year despite a very tame...
Copyright 2023-2026 - www.financetom.com All Rights Reserved