Japan's 10-year yield highest since July 2011 - Breaking The News
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Japan's 10-year yield highest since July 2011

EPA-EFE/FRANCK ROBICHON

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.

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