Actual
2.6422
Daily Change
-0.12%
Monthly
-0.47%
Yearly
0.96%
Q4 Forecast
2.7336
Japan 10 Year Government Bond Yield - Summary

Japan’s 10-year government bond yield fell to around 2.67% on Friday, reaching its lowest level in four months as a deepening global equity selloff spurred safe-haven demand for government bonds. The decline followed a sweeping Democratic victory in the US midterm elections, which heightened concerns over stricter oversight of the artificial intelligence industry and a possible slowdown in data center expansion. Investors also expect Democrats to push for an end to the conflict with Iran, potentially putting downward pressure on oil prices and easing inflationary concerns. Domestically, data showed that nominal wages in Japan increased at their fastest pace in nearly 30 years, reinforcing expectations of another Bank of Japan interest rate hike in December. Minutes from the BOJ’s September meeting also indicated that the central bank could accelerate monetary tightening while evaluating the impact of Middle East developments, growing AI-related demand and foreign exchange movements.

Japan 10 Year Government Bond Yield - Stats

The yield on Japan 10Y Bond Yield eased to 2.64% on November 6, 2026, marking a 0.12 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.47 points, though it remains 0.96 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 November 7 of 2026.

Japan 10 Year Government Bond Yield - Forecast

The yield on Japan 10Y Bond Yield eased to 2.64% on November 6, 2026, marking a 0.12 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.47 points, though it remains 0.96 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 2.73 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 2.56 in 12 months time.



Bonds Yield Day Month Year Date
Japan 10Y 2.64 -0.118% -0.471% 0.963% Nov/06
Japan 1M 1.19 -0.016% -0.040% 0.722% Nov/06
Japan 3M 1.24 0.029% -0.026% 0.800% Nov/06
Japan 6M 1.34 -0.025% -0.050% 0.740% Nov/06
Japan 52W 1.56 -0.097% -0.107% 0.824% Nov/06
Japan 2Y 1.73 -0.126% -0.219% 0.792% Nov/06
Japan 3Y 1.83 -0.130% -0.292% 0.826% Nov/06
Japan 5Y 2.06 -0.139% -0.362% 0.806% Nov/06
Japan 7Y 2.36 -0.150% -0.503% 0.874% Nov/06
Japan 20Y 3.55 -0.046% -0.433% 0.927% Nov/06
Japan 30Y 3.83 -0.018% -0.385% 0.728% Nov/06
Japan 40Y 3.98 -0.0001% -0.317% 0.545% Nov/06



Related Last Previous Unit Reference
Japan Inflation Rate 2.10 1.90 percent Sep 2026
Japan Interest Rate 1.25 1.25 percent Oct 2026
Japan Unemployment Rate 2.40 2.50 percent Sep 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
2.64 2.76 7.59 -0.29 1966 - 2026 percent Daily

News Stream
Japan 10-Year Bond Yield Drops to Four-Month Low
Japan’s 10-year government bond yield fell to around 2.67% on Friday, reaching its lowest level in four months as a deepening global equity selloff spurred safe-haven demand for government bonds. The decline followed a sweeping Democratic victory in the US midterm elections, which heightened concerns over stricter oversight of the artificial intelligence industry and a possible slowdown in data center expansion. Investors also expect Democrats to push for an end to the conflict with Iran, potentially putting downward pressure on oil prices and easing inflationary concerns. Domestically, data showed that nominal wages in Japan increased at their fastest pace in nearly 30 years, reinforcing expectations of another Bank of Japan interest rate hike in December. Minutes from the BOJ’s September meeting also indicated that the central bank could accelerate monetary tightening while evaluating the impact of Middle East developments, growing AI-related demand and foreign exchange movements.
2026-11-06
Japan 10-Year Yield Hits 14-Week Low
Japan's 10-year government bond yield declined to around 2.75% on Thursday, reaching its lowest level since late July amid a broad global rally in equities and bonds, while falling oil prices eased inflationary concerns. The market movements followed Democratic victories in the US midterm elections, which reduced political uncertainty and lowered the likelihood of President Trump resuming military strikes against Iran. On the domestic front, minutes from the Bank of Japan's September meeting strengthened expectations of further interest rate increases. One board member suggested that the central bank could accelerate monetary tightening as it assessed the effects of Middle East developments, rising AI-related demand, and foreign exchange movements. The BOJ raised its policy rate to a 31-year high of 1.25% in September before keeping it unchanged in October. However, the central bank indicated that underlying inflation had reached its 2% target.
2026-11-05
Japan 10Y Bond Yield Hits 14-week Low
Japan 10 Year Government Bond Yield decreased to 2.76%, the lowest since July 2026. Over the past 4 weeks, Japan 10Y Bond Yield lost 34.73 basis points, and in the last 12 months, it increased 107.75 basis points.
2026-11-05