Japanese bond yields are near three-decade highs, as a perfect storm of inflationary concerns and fiscal worries rattles investors and savers, with the Middle East conflict only adding to the uncertainty.
Yields on the 10-year Japanese government bond reached 2.43% on Tuesday, the highest since 1999, while five-year Japanese government bonds hit a record 1.83%. Bond prices move inversely to yields.
Japan＊s currency remained stable on Tuesday, the yen trading just under ?160 to the dollar, while the Nikkei 225 stock average traded basically flat on the day.?
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