TOKYO -- Bond yields in the Asia-Pacific region rose on Thursday, as political parties in Germany agreed to loosen the government's fiscal rules, inducing a bond market sell-off around the world.
Japan's 10-year benchmark yield rises past 1.5%, highest in 15 years

Japan's benchmark 10-year government bold yield rose on March 6 to 1.505%, its highest point since June 2009. (Photo by Yuji Murakami)
TOKYO -- Bond yields in the Asia-Pacific region rose on Thursday, as political parties in Germany agreed to loosen the government's fiscal rules, inducing a bond market sell-off around the world.