Japan bond yields edge higher before key central bank meets
TLT•The 10-year Japanese government bond yield rose 1.5 basis points to 2.810% on Monday ahead of central bank meetings. Two-year and five-year yields also increased.
1. Japanese yields rise
The 10-year Japanese government bond yield climbed 1.5 basis points to 2.810%, reversing slightly after its sharpest weekly decline since April 2025. The two-year yield rose 2.5 basis points to 1.885%, and the five-year yield gained 3 basis points to 2.250%.
2. Rate decisions ahead
The Bank of Japan is widely expected to hold rates at its October 29-30 meeting while keeping a hawkish bias; markets see the next hike coming as soon as December. Nearly all economists polled expected the Federal Reserve to hold rates at its October 27-28 meeting and raise them in December.
