Japan’s 10-year government bond yield climbed to around 2.66% on Monday as Bank of Japan Deputy Governor Ryozo Himino stated recently the central bank will continue raising interest rates while carefully monitoring the risk that underlying inflation could exceed its 2% target. He added that Japan’s economy remains resilient, supported by solid corporate earnings and rising household incomes. Last week, the BOJ raised its policy rate by 25 basis points to 1% in an effort to contain inflation and support the weakening yen. Meanwhile, recent data showed Japan’s core inflation remained unchanged at 1.4% in May, in line with expectations, indicating that underlying price pressures stayed moderate despite concerns that higher energy costs could drive inflation higher. The comments reinforced expectations that the BOJ will maintain its gradual tightening path if economic and price conditions continue to evolve as anticipated.

The yield on Japan 10Y Bond Yield rose to 2.68% on June 22, 2026, marking a 0.03 percentage points increase from the previous session. Over the past month, the yield has fallen by 0.02 points, though it remains 1.27 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 June 22 of 2026.

The yield on Japan 10Y Bond Yield rose to 2.68% on June 22, 2026, marking a 0.03 percentage points increase from the previous session. Over the past month, the yield has fallen by 0.02 points, though it remains 1.27 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 2.64 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 2.44 in 12 months time.



Bonds Yield Day Month Year Date
Japan 10Y 2.68 0.031% -0.019% 1.268% Jun/22
Japan 1M 0.93 -0.013% 0.131% 0.511% Jun/22
Japan 3M 0.91 -0.015% 0.050% 0.510% Jun/22
Japan 6M 1.01 0% 0.060% 0.555% Jun/22
Japan 52W 1.15 0.009% 0.065% 0.610% Jun/22
Japan 2Y 1.41 0.011% 0.002% 0.678% Jun/22
Japan 3Y 1.59 0.003% -0.053% 0.811% Jun/22
Japan 5Y 1.91 0.021% -0.046% 0.949% Jun/22
Japan 7Y 2.38 0.025% -0.039% 1.244% Jun/22
Japan 20Y 3.59 0.019% -0.023% 1.243% Jun/22
Japan 30Y 3.86 0.018% -0.089% 0.935% Jun/22
Japan 40Y 3.78 0.034% -0.376% 0.638% Jun/22



Related Last Previous Unit Reference
Japan Inflation Rate 1.50 1.40 percent May 2026
Japan Interest Rate 1.00 0.75 percent Jun 2026
Japan Unemployment Rate 2.50 2.70 percent Apr 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
2.68 2.65 7.59 -0.29 1966 - 2026 percent Daily

News Stream
Japan 10-Year Bond Yield Ticks Higher
Japan’s 10-year government bond yield climbed to around 2.66% on Monday as Bank of Japan Deputy Governor Ryozo Himino stated recently the central bank will continue raising interest rates while carefully monitoring the risk that underlying inflation could exceed its 2% target. He added that Japan’s economy remains resilient, supported by solid corporate earnings and rising household incomes. Last week, the BOJ raised its policy rate by 25 basis points to 1% in an effort to contain inflation and support the weakening yen. Meanwhile, recent data showed Japan’s core inflation remained unchanged at 1.4% in May, in line with expectations, indicating that underlying price pressures stayed moderate despite concerns that higher energy costs could drive inflation higher. The comments reinforced expectations that the BOJ will maintain its gradual tightening path if economic and price conditions continue to evolve as anticipated.
2026-06-19
Japan 10-Year Bond Yield Stabilizes
Japan’s 10-year government bond yield steadied around 2.63% on Thursday as investors assessed recent central bank decisions alongside evolving geopolitical developments in the Middle East. The US Federal Reserve kept interest rates unchanged on Wednesday but signaled growing support for rate hikes later this year. At the same time, the Bank of Japan raised its policy rate by 25 basis points to 1% on Tuesday in an effort to curb inflation and support a weakening yen. However, the move drew dissent within the board, with Toichiro Asada arguing that downside risks to growth and employment outweigh upside risks to inflation. On the geopolitical front, the US and Iran digitally signed their interim peace agreement, though it remains unclear whether Iran has already begun steps to fully reopen the Strait of Hormuz.
2026-06-18
Japan 10Y Yield Slips Despite Strong Trade Data
Japan’s 10-year government bond yield slipped to around 2.6% on Wednesday, giving back some of the previous session’s gains despite stronger-than-expected trade data and a recent interest rate hike by the central bank. Official figures showed Japanese exports jumped 17% year-on-year in May, marking the fastest growth since November 2022, supported by solid demand for automobiles and semiconductors. The data followed the Bank of Japan’s decision on Tuesday to raise its policy rate by 25 basis points to 1% in an effort to contain inflation and support the weakening yen. However, the move faced opposition from some board members, with Toichiro Asada arguing that downside risks to economic growth and employment outweigh the upside risks to inflation.
2026-06-17