Japan 10Y Yield Rises Amid Ceasefire Uncertainty

Japan’s 10-year government bond yield climbed to around 2.4% on Thursday, reversing the previous session’s decline as uncertainty over the US-Iran ceasefire kept investors cautious about inflation risks. A senior Iranian official said elements of the ceasefire proposal had already been breached following fresh Israeli strikes on Lebanon, while Tehran continued to largely block the Strait of Hormuz. On Wednesday, Japanese yields had fallen after the ceasefire announcement, reflecting the country’s sensitivity to Middle East oil supply disruptions. Meanwhile, a former Bank of Japan official suggested the central bank is likely to raise its policy rate this month to avoid lagging in inflation control. Markets are now closely watching for signals from BOJ Governor Kazuo Ueda ahead of the April 28 policy announcement, similar to the guidance he provided in December before the last rate hike.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market




