TOKYO -- The yield on 10-year Japanese government bonds rose to a seven-year high of 0.5% on Friday, hitting the Bank of Japan's new upper limit in just weeks as other buyers shy away from the asset.
Bonds
Japan's 10-year bond yield hits BOJ's new 0.5% cap
Government debt finds few buyers beyond the central bank
Japan's benchmark 10-year bond yield hit 0.5% on Jan. 6. (Photo by Kosuke Imamura)
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