TOKYO -- Interest rates in Japan are climbing, reaching a roughly 15-year high on Tuesday, as rising inflation heightens expectations for another rate hike by the Bank of Japan.
Economy
Japan's long rates hit 15-year high as domestic inflation kicks in
Labor shortage puts upward pressure on consumer prices
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Yields on newly issued 10-year JGBs hit 1.43% for the first time in 15 years on Feb. 18. (Photo by Yuki Nakao)
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