Japans borrowing costs surge above 1%

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Japanese 10-year bond yields experienced an increase of 3 bp reaching 1.025% on growing worries that country's debt burden may increase. Surge in yields was fuelled by Standard & Poor's unexpected announcement saying Japan is close to credit rating downgrading. Twenty-year rates jumped 5.5 bp to 1.785% while 30-year notes gained 5 bp to 1.96%.

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