Japan 10-Year Yield Holds Firm Ahead of BOJ

2026-09-14 02:49 By Jam Kaimo Samonte 1 min. read

Japan’s 10-year government bond yield held around 3% on Tuesday, remaining near its highest level in three decades as investors prepared for the Bank of Japan’s policy meeting this week.

The BOJ is widely expected to raise its policy rate to 1.25% on Friday, the highest since April 1995, as the central bank contends with persistent upside risks to prices.

Markets are also watching for BOJ guidance on the possibility of another rate hike later this year.

Meanwhile, US Treasury Secretary Scott Bessent has repeatedly called on the BOJ to tighten policy more aggressively to prevent excessive yen weakness.

Oil prices also extended their gains after Saudi Arabia shut down the critical East-West pipeline that bypasses the Strait of Hormuz, adding to inflation concerns.

Japan’s economy depends heavily on oil imports from the Middle East, leaving it particularly exposed to sharp swings in energy prices.



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