Japans 10-year government bond yield climbed to its highest level since 1999 after Iran effectively shut down tanker traffic through the Strait of Hormuz, sending oil prices above $113 per barrel and forcing Tokyo to tap its strategic reserves at a record pace. Key Takeaways: Japans 10-year bond yield hit 2.39% by early April 2026, []
Japans 10-year government bond yield climbed to its highest level since 1999 after Iran effectively shut down tanker traffic through the Strait of Hormuz, sending oil prices above $113 per barrel and forcing Tokyo to tap its strategic reserves at a record pace. Key Takeaways: Japans 10-year bond yield hit 2.39% by early April 2026, []
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