#Japan10YYieldHits3%FirstSince1996 đŸ‡ŻđŸ‡”đŸ“ˆâšĄïž — Japan’s benchmark 10-year government bond yield briefly hit 3% on Tuesday, its highest level in around three decades.

â–Ș The rise came amid a broader global sell-off in government bonds, with inflation concerns, higher oil prices and growing fiscal pressures pushing yields higher.

â–Ș Rising Japanese bond yields could increase the government’s borrowing costs and affect financial markets, given Japan’s large public debt and the importance of Japanese government bonds to domestic financing conditions.

â–Ș The move also reflects broader investor concerns over inflation and government borrowing risks across global bond markets.$CVX $BAN $IOST