Japan’s Five-Year Yield Rises to Highest Since 2011 on BOJ Bets

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Bloomberg News

Japan,Bank Of Japan,BOJ

(Bloomberg) -- Japan’s five-year bond yield climbed to the highest since 2011 on growing speculation the nation’s central bank will raise interest rates...

-- Japan’s five-year bond yield climbed to the highest since 2011 on growing speculation the nation’s central bank will raise interest rates further to stem the yen’s weakness.US Slams Strikes on Russia Oil Refineries as Risk to Oil Markets

The steady decline in the yen has also boosted inflationary pressure, boding ill for longer-dated bonds. Yields have risen across the curve so far this year, with 30-year debt leading the move. The higher cost of living is putting political pressure on Japanese policymakers as well, as households deal with rising prices the likes of which they hadn’t experienced during decades of deflation.

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