Japan 10Y Yield Rises on Rate Hike Bets
Japan’s 10-year government bond yield rose to around 2.27% on Thursday, ending a two-day decline amid growing expectations of a near-term interest rate hike from the Bank of Japan. Shorter-dated 2-year yields surged to three-decade highs, while 5-year yields climbed to record levels. These expectations were driven by an oil-driven inflation shock stemming from the Middle East conflict, with major central banks signaling readiness to tighten policy amid persistent price pressures. Last week, the BOJ kept its policy rate unchanged but maintained a tightening bias, with Governor Kazuo Ueda leaving the door open for an April hike. Oil prices continued to rise amid conflicting statements from the US and Iran over diplomatic efforts to resolve the Middle East conflict. A former Japanese national security adviser suggested the country consider deploying warships to help secure the critical waterway alongside other nations, protecting both its own vessels and those of international partners.
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




