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HomeFinance News10-year JGB yield reaches highest level since September 2013 - ForexLive

10-year JGB yield reaches highest level since September 2013 – ForexLive

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The yield on Japan’s 10-year government bond (JGB) has reached its highest level since September 2013. This increase in yield suggests growing concerns about inflation and a potential shift in the Bank of Japan’s monetary policy. The rise in yields comes as global central banks, including the Federal Reserve, are considering tapering their stimulus measures.

As a result of this news, Japan’s Nikkei stock index fell to a one-month low due to weak performance on Wall Street. Investors are worried about potential impacts on economic growth and corporate earnings. The Nikkei’s decline reflects a broader negative sentiment in the market.

However, the Nikkei was able to recoup some of its losses and ended slightly higher thanks to dividend hunting. Investors shifted their focus to dividend-paying stocks, looking for stable returns amidst the market uncertainty. This strategy helped support the index and mitigate some of the negative effects of the yield surge.

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