Japan's benchmark 10-year government bond yield surged to its highest level in over 26 years on Monday, reflecting growing market expectations of continued interest rate hikes by the Bank of Japan (BOJ) and concerns over the country's deteriorating fiscal outlook.
The yield on the newly issued 10-year Japanese government bond briefly climbed to nearly 2.1 percent during trading, its highest point since February 1999.
Analysts attribute the surge to two key factors: mounting speculation that the BOJ will maintain its tightening trajectory in response to persistent inflationary pressures, and growing unease over Japan's deteriorating fiscal outlook.
The bond market volatility spilled over into foreign exchange markets, where the yen weakened sharply. The Japanese currency fell to as low as 157.5 yen per U.S. dollar on Monday.
Japan's 10-year gov't bond yield hits 26-year high amid rate hike expectations
Japan's 10-year gov't bond yield hits 26-year high amid rate hike expectations
Lebanon's Ministry of Public Health said on Wednesday that the death toll from Israeli attacks in the country since March 2 has risen to 1,318.
Additionally, a total of 3,935 people have been wounded, according to the ministry.
Iran-backed Hezbollah said on the same day that it shot down an Israeli military helicopter with a missile.
The Lebanese military stated that it had redeployed several units of its troops stationed in the southern border region.
The Israel Defense Forces (IDF) said on Thursday that it killed over 40 Hezbollah militants in air, sea and ground strikes in southern Lebanon over the past day.
The IDF also struck dozens of "terror" infrastructure sites, according to a statement by the military.
Targets hit by the Israeli air force included dozens of headquarters, weapons storage facilities, launch sites and anti-tank missile positions.
Cross-border fighting has continued since March 2, when Hezbollah launched rockets toward Israel for the first time since a ceasefire agreed on Nov. 27, 2024, triggering intensified Israeli air strikes across southern and eastern Lebanon.
Lebanon says death toll from Israeli attacks reaches 1,318 since March 2
