Free Trial

10Y Yield League: Japan Gains Ranking Amid Rising Global LT Yields

JAPAN
  • In this table, we rank the 10Y government bond yield of 31 different countries (EM and DM) over time, from the lowest (1) to the highest (31).
  • In the past three months, we have seen that the elevated inflationary pressures have led to an upside retracement in LT bond yields globally, in both EM and DM markets.
  • As the magnitude of the upside move was significantly lower for Japanese LT bond yields due to the BoJ's yield curve control, Japan gained ranking in the 10Y yield 'League' in recent months.
  • The table shows that Japan (red) moved from number 11 to number 4 in the ranking, currently standing just below Netherlands.
  • With the 10Y trading at -10bps, Germany (Yellow) has the lowest 10Y yield in the world.
  • The US is currently ranked 19 (out of 31) according to the 10Y yield.

Source: Bloomberg/MNI

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.