The yield on 10-year Japanese government bonds rose to 1% for the first time in more than a decade, reflecting expectations for further monetary tightening by the Bank of Japan.
Megumi Fujikawa is a reporter specializing in central banking, economy, and corporate news. She has written for publications such as Talking Biz News, The Wall Street Journal, and Yahoo Finance, and her work has also been featured in MarketWatch and Financial News. Megumi's articles cover a range of topics including foreign buyers of U.S. Treasury debt, currency fluctuations, economic indicators, and expert opinions on monetary policy.