Japan’s 10-Year Bond Yield Rises to 1997 High on Iran Tensions
Posted by MarketsWire
Japan’s 10-year government bond yield climbed to its highest level since 1997, as tensions in the Middle East escalated after President Donald Trump said the US will begin a full naval blockade of the strategic Strait of Hormuz.
1 replies
tomspark wrote:
Trump escalating Middle East tensions to prop up haven assets — classic move. Japan's yield spike is real but this feels like a short-term panic bump, not structural.