Japan 10-Year Yield Eases on BOJ Uncertainty

2026-02-27 03:14 By Jam Kaimo Samonte 1 min. read

Japan’s 10-year government bond yield fell to around 2.13% on Friday, ending a three-day advance amid uncertainty over Bank of Japan policy.

Earlier this week, the Japanese government appointed two reflationist academics to the BOJ’s policy board, while Prime Minister Sanae Takaichi reportedly expressed concerns about further rate hikes during a meeting with Governor Kazuo Ueda last week.

Hawkish board member Hajime Takata reiterated calls for additional rate increases and guidance signaling that the price stability target is nearly achieved.

Governor Ueda also reportedly said the central bank would carefully evaluate economic data at its March and April meetings before making rate decisions, leaving the possibility of a near-term hike open.

On the data front, Tokyo’s inflation slowed to the lowest pace in over a year, as government utility subsidies helped curb household energy costs, bolstering expectations that the BOJ may delay immediate rate increases.



News Stream
Japan 10-Year Yield Eases on BOJ Uncertainty
Japan’s 10-year government bond yield fell to around 2.13% on Friday, ending a three-day advance amid uncertainty over Bank of Japan policy. Earlier this week, the Japanese government appointed two reflationist academics to the BOJ’s policy board, while Prime Minister Sanae Takaichi reportedly expressed concerns about further rate hikes during a meeting with Governor Kazuo Ueda last week. Hawkish board member Hajime Takata reiterated calls for additional rate increases and guidance signaling that the price stability target is nearly achieved. Governor Ueda also reportedly said the central bank would carefully evaluate economic data at its March and April meetings before making rate decisions, leaving the possibility of a near-term hike open. On the data front, Tokyo’s inflation slowed to the lowest pace in over a year, as government utility subsidies helped curb household energy costs, bolstering expectations that the BOJ may delay immediate rate increases.
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