Track global treasury bond rates with daily historical charts. Access data for US, Germany, Japan, UK, Australia, and China bonds to analyze market trends.
Japanese 10-year yields reflect market expectations for long-term Japanese economic growth, but due to population aging and slow economic growth, yields have long been at low levels.
Japanese 10-year bonds are core targets of yield curve control policies, with the central bank committed to keeping 10-year yields within target ranges.
Changes in Japanese 10-year bond rates directly affect Asian risk asset valuations, with rising yields typically leading to declines in Asian stocks and commodities. Changes transmit to 5-year bonds, 20-year bonds and other long-term rates, affecting Asian portfolio allocation.
Japanese 10-year bonds have lower credit risk compared to US 10-year bonds, seen as the safest long-term investment instruments in Asia. Chinese 10-year bonds face exchange rate risks and capital controls with relatively lower liquidity.