Japan 10 Year Government Bond Interest Rate (I:J10YGBIR)

Japan 10 Year Government Bond Interest Rate is at 2.84%, compared to 2.75% the previous market day and 1.70% last year. This is higher than the long term average of 2.06%.

The Japan 10 Year Government Bond Interest Rate reflects the yield received on government bonds issued by the Japanese government maturing in 10 years. The yield of long term bonds are closely watched by central banks as lowering yields can signal a lack of confidence in the economy. In 2016, the Bank of Japan introduced negative interest rates to promote spending and borrowing throughout the nation, pushing the yield of 10 year bonds into negative territory.