Tokyo, May 13 (Jiji Press)–The yield on the most recent issue of 10-year Japanese government bonds, regarded as the country’s benchmark long-term interest rate, rose to as high as 2.580 pct in Tokyo interdealer trading Wednesday morning. The reading was the highest since July 1997, according to Japan Bond Trading Co. END [Copyright The Jiji Press, Ltd.]
Key JGB Yield Hits 29-Year High of 2.580 Pct