Actual
2.9890
Daily Change
-0.0004
Monthly
0.11%
Yearly
1.33%
Q3 Forecast
2.9824
Japan 10 Year Government Bond Yield - Summary

Japan’s 10-year government bond yield slipped to around 2.98% after the Bank of Japan raised interest rates in a widely anticipated move, with two officials dissenting from the decision. The central bank increased its policy rate by 25 basis points to 1.25%, the highest level since 1995. Board members Asada and Sato opposed the hike, suggesting the BOJ may proceed with further increases at a slower pace than initially expected. Meanwhile, Governor Kazuo Ueda said the central bank remains committed to raising rates and adjusting the degree of monetary accommodation in response to changing economic conditions, while noting that accommodative conditions are expected to remain in place to support economic growth. Japanese markets will be closed from September 21 to 23 for national holidays.

Japan 10 Year Government Bond Yield - Stats

The yield on Japan 10Y Bond Yield held steady at 2.99% on September 22, 2026. Over the past month, the yield has edged up by 0.11 points and is 1.33 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Japan 10 Year Government Bond Yield reached an all time high of 7.59 in June of 1984. Japan 10 Year Government Bond Yield - data, forecasts, historical chart - was last updated on September 23 of 2026.

Japan 10 Year Government Bond Yield - Forecast

The yield on Japan 10Y Bond Yield held steady at 2.99% on September 22, 2026. Over the past month, the yield has edged up by 0.11 points and is 1.33 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The Japan 10 Year Government Bond Yield is expected to trade at 2.98 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2.77 in 12 months time.



Bonds Yield Day Month Year Date
Japan 10Y 2.99 -0.0004% 0.109% 1.329% Sep/22
Japan 1M 1.23 0.003% 0.240% 0.759% Sep/18
Japan 3M 1.22 0% 0.190% 0.755% Sep/18
Japan 6M 1.35 0% 0.165% 0.865% Sep/22
Japan 52W 1.57 0.0002% 0.143% 0.826% Sep/22
Japan 2Y 1.85 0.0002% 0.180% 0.918% Sep/22
Japan 3Y 2.02 0.0002% 0.149% 1.028% Sep/22
Japan 5Y 2.29 0.0004% 0.160% 1.060% Sep/22
Japan 7Y 2.69 -0.0003% 0.125% 1.238% Sep/22
Japan 20Y 3.83 -0.0003% 0.086% 1.180% Sep/22
Japan 30Y 4.08 -0.0003% 0.021% 0.893% Sep/22
Japan 40Y 4.12 0% -0.038% 0.732% Sep/22



Related Last Previous Unit Reference
Japan Inflation Rate 1.90 1.90 percent Aug 2026
Japan Interest Rate 1.25 1.00 percent Sep 2026
Japan Unemployment Rate 2.40 2.50 percent Jul 2026

Japan 10 Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
2.99 2.99 7.59 -0.29 1966 - 2026 percent Daily

News Stream
Japan 10-Year Yield Slips After BOJ Decision
Japan’s 10-year government bond yield slipped to around 2.98% after the Bank of Japan raised interest rates in a widely anticipated move, with two officials dissenting from the decision. The central bank increased its policy rate by 25 basis points to 1.25%, the highest level since 1995. Board members Asada and Sato opposed the hike, suggesting the BOJ may proceed with further increases at a slower pace than initially expected. Meanwhile, Governor Kazuo Ueda said the central bank remains committed to raising rates and adjusting the degree of monetary accommodation in response to changing economic conditions, while noting that accommodative conditions are expected to remain in place to support economic growth. Japanese markets will be closed from September 21 to 23 for national holidays.
2026-09-21
Japan 10-Year Yield Falls as BOJ Hikes Rates
Japan’s 10-year government bond yield slipped to around 2.95% on Friday, extending its decline into a third session after the Bank of Japan raised its policy rate by 25 basis points to 1.25% in a widely expected move, the highest level since 1995. Investors will now watch for signals on further tightening as policymakers navigate rising inflation and wage growth, along with pressure from US Treasury Secretary Scott Bessent to pursue more aggressive rate increases. Meanwhile, Japan’s core inflation eased to 1.7% in August from 1.8% in July, marking its first slowdown in four months. However, expectations that price pressures could strengthen in the coming months continued to support a hawkish BOJ outlook, while disruptions in the Middle East added to inflation risks. Japanese bond yields also followed declines in global yields as falling oil prices helped ease concerns over inflation.
2026-09-18
Japan 10-Year Yield Holds Near 30-Year High
Japan’s 10-year government bond yield remained just below 3% on Thursday, staying near its highest level since September 1996 as investors awaited the upcoming Bank of Japan policy decision. The BOJ is widely expected to raise borrowing costs on Friday as policymakers contend with persistent inflationary pressures, with another rate increase anticipated by the end of January. US Treasury Secretary Scott Bessent has also repeatedly called on the BOJ to pursue more aggressive tightening to limit excessive yen weakness. Meanwhile, markets continued to assess Japan’s fiscal outlook amid Takaichi’s plans for substantial government spending and tax cuts. Elsewhere, the US Federal Reserve raised interest rates for the first time in three years and signaled further tightening this year to curb inflation.
2026-09-17