ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan still stuck in negative yields as ECB joins rate hike revival

With two- and five-year rates underwater, yen is on slippery slope

The yen is approaching exchange rates not seen since the Asian financial crisis.   © Reuters

TOKYO -- Japan holds the dubious distinction of being the last major economy with negative yields beyond short-term interest rates, leaving the yen vulnerable to a sell-off that shows no signs of ending.

The yield on two-year Japanese government bonds came to minus 0.07% as of Wednesday. The five-year yield was also negative.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more