Japan 10-year yield climbs to 1996 high as global rout deepens
Japan’s 10-year government bond yield climbed to its highest since 1996, joining a deepening global selloff as the market reopened after the Silver Week holidays. The yield rose 10 basis points to 3.075% on Thursday after the three-day break. Yields across the curve also climbed, with the five-year rate rising 9.5 basis points to 2.37%….
