Japan
Market Watch
| Close of September 2, 2026 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 1.867 | ▲ 7.3 | ▲ 17.0 | ▲ 68.9 |
| 5 Year | 2.318 | ▲ 4.9 | ▲ 16.5 | ▲ 77.0 |
| 10 Year | 3.027 | ▲ 2.1 | ▲ 12.3 | ▲ 96.1 |
|
* Government bond yield changes are expressed in basis points. |
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| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| JPY per USD | 158.710 | ▲ 0.9 | ▲ 0.4 | ▼ 1.3 |
| JPY per JPY | 1.000 | ◆ 0.0 | ◆ 0.0 | ◆ 0.0 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| 1D TIBOR | 0.977 | ◆ 0.0 | ▼ 0.1 | ▲ 25.0 |
|
* Interest rate changes are expressed in basis point change. |
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Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (16-Jun-2026) |
Previous Rate (28-Apr-2026) |
YTD Rate |
|
| Uncollateralized Overnight Call Rate | 1.000 | ▲ 25.0 | ▲ 25.0 | |
|
* Policy rate changes are expressed in basis point change. |
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Sovereign Ratings
| Agency | Rating | Outlook | Date | |
|---|---|---|---|---|
| Regional Rating Institutions | ||||
| R&I | AA+ | stable | 2019-12-05 | |
| RAM | A1 | stable | 2019-06-25 | |
| Non-Regional Rating Institutions | ||||
| Fitch | A | negative | 2020-07-29 | |
| S&P | A+ | stable | 2020-06-09 | |
NEWS HIGHLIGHTS
- 10-year JGB yield crosses 3% for first time since 1996
- U.S. Wants Japan to Hike Interest Rates, Bessent Tells BOJ Gov. Ueda
- Bessent, ministers agreed ‘cheap exports’ not sustainable
- Bessent tells Ueda the U.S. supports efforts to strengthen yen
- Surging Bond Yield Narrows Policy Options for Government; Markets Wary Over Takaichi Administration’s Fiscal Expansion
Read full index for News and Commentary
BOND ISSUANCES