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News 2026-09-29 07:40 UTC

Japan 2-year yields nearing 2% signal BOJ's yen battle isn't over

By Junko FujitaJapan's 2-year bond yield is edging toward a 2% threshold not crossed for three decades, in a sign markets think the economy is firmly on an inflationary path and that the central bank may even need to take interest rates into restrictive territory.The pricing reflects a global sweep…