The Bank of Japan (BOJ) is letting market forces decide interest rates on government bonds, a bit like letting the price of toys be set by what people are willing to pay. This is a change from before, where the BOJ controlled these rates more directly. They're watching closely but aren't panicking if rates rise a little.
- Japan's government bond interest rates are going up.
- The BOJ is mostly letting the market decide the rates.
- Some think rates will go even higher.
| Fact | Number |
|---|---|
| Highest 10-year bond yield in 15 years | 1.44% |
| Predicted 10-year yield | 1.5% |
| Chance of two more rate hikes this year | 69% |
