Created with Sketch.
Bonds

Japan rate rise speculation grows as overseas investors await BOJ

Weak yen seen forcing central bank's hand on early hike

The Bank of Japan's next policy meeting starts on July 30. (Photo by Satoko Kawasaki)

TOKYO -- Japanese government bonds are selling off in a sign that overseas investors are betting the Bank of Japan will be forced to raise interest rates later this month in response to a weakening yen.

The yield on new 10-year JGBs climbed as high as 1.09% on Tuesday, close to a one-month high of 1.1% reached on July 3.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more