The yield on Japan's 10-year government bond grew on Wednesday hitting its highest point since July 2011, with the move likely spurred by the rise in United States Treasury yields.
Higher-than-anticipated jobs data and accelerating service activity in the US seemingly prompted the jump, as a resilient economy could lead to fewer interest rate cuts.
The return on Japan's 10-year government bond rose by 2.9 points to 1.173% at 8:03 am CET.