TOKYO -- Long-term interest rates are increasing in Japan, the U.S. and Europe amid improved economic fundamentals and tighter government bond supplies.
The yield on newly issued 10-year Japanese government bonds climbed to 0.505% on Thursday, the highest in six-and-a-half months. The long-term rate in Germany flirted with 1% for the first time in more than eight months at one point, while the U.S. rate climbed to the 2.4% level, a seven-month high.
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