Bond yields jump in Japan and South Korea as US, Iran talks snag

rss · Nikkei 2026-05-12T05:42:05Z en
MarketsHigher energy prices stir inflation fears; stock markets choppy10-year Japanese government bond yields jumped to 2.545% on May 12, a level not seen since June 1997. (Photo by Arisa Moriyama)TOKYO -- Inflation worries stemming from the ongoing conflict in the Middle East have sent government bond yields higher in Asia, with Japan's 10-year debt yield soaring to its highest point in nearly three decades. Interest rates are also facing upward pressure in South Korea as the Iran war drags on.

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