Tokyo, Dec. 4 (Jiji Press)–The yield on the most recent issue of 10-year Japanese government bonds rose above 1.9 pct to hit the highest level in about 18 and a half years in Tokyo interdealer trading Thursday morning. The 10-year JGB yield, regarded as Japan’s benchmark long-term interest rate, climbed to as high as 1.905 pct. END [Copyright The Jiji Press, Ltd.]
Japan Key Long-Term Rate Hits 18-Year High above 1.9 Pct