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Japan's 10-year gov't bond yield hits 27-year high: media

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Japan's 10-year gov't bond yield hits 27-year high: media

2026-01-13 14:06 Last Updated At:16:47

Japan's benchmark yield on 10-year government bonds has risen to 2.14 percent, marking its highest level since February 1999, according to Japanese media outlets on Tuesday.

The 10-year bond yield serves as a key indicator of long-term interest rates in Japan.

Bond prices and yields move in opposite directions. When investors actively purchase government bonds, prices rise and yields fall. Conversely, when bonds are sold off, prices drop and yields increase.

According to the media reports, the recent spike in bond yields has been driven by Japanese Prime Minister Sanae Takaichi's possible move on dissolving the lower house. Investors believe that the Japanese government may further implement expansionary fiscal policies.

Japan's gross debt has hit a staggering 240 percent of GDP. The implementation of expansionary fiscal policies and large-scale bond issuance by the Takaichi cabinet have continually deepened investors' concerns about the deterioration of Japan's fiscal situation.

Japan's 10-year gov't bond yield hits 27-year high: media

Japan's 10-year gov't bond yield hits 27-year high: media

Japan's 10-year gov't bond yield hits 27-year high: media

Japan's 10-year gov't bond yield hits 27-year high: media

The Sanya branch of the Peking University (PKU) Hospital of Stomatology based in the tourist resort city of Sanya in south China's tropical Hainan Province -- the country's first national-level regional dental specialty center -- officially opened on Saturday, providing local residents and tourists with access to top-tier dental care without leaving Hainan.

As a key city in the Hainan Free Trade Port and a hub for both tourism and wellness, Sanya has seen rising demand for oral healthcare. Local resources, however, have long been strained.

The newly launched hospital aims to ease the situation. Both its management and medical teams come directly from the main campus of the PKU Hospita of Stomatology in Beijing, ensuring seamless integration and unified standards across diagnoses, treatment, and service quality. The facility comprises of nine specialized buildings, including an emergency outpatient complex and an international medical services building, covering all sub-specialties in dental medicine.

"Since the official start of Hainan Free Trade Port's island-wide special customs operations [on December 18, 2025], the very first zero-tariff items entering the region were advanced dental equipment for our hospital. This enables a wide range of patients in the Hainan region to access the world's latest dental treatment equipment and technology more quickly," said Deng Xuliang, president of the PKU Hospital of Stomatology.

Looking ahead, the main campus of the PKU Hospital of Stomatology will collaborate with medical universities in Hainan to jointly train more specialized professionals for grassroots-level healthcare institutions across the region. Through technical mentorship and integrated training programs, the initiative aims to leverage the policy advantages of the free trade port to build a high-level, comprehensive platform that integrates medical services, education, research, public health, and healthcare management, with particular attention on international patient services and comfort-focused treatment.

"The operation of medical care plus health and wellness programs and of medical care plus tourism projects has jointly contributed to the formation of an internationalized medical care platform in Sanya, which presents a major opportunity for both Sanya and the rest of Hainan, especially as the free trade port enters full operation, making more duty-free medicines and medical devices available locally," said Hu Yulei, director of the Sanya Municipal Health Commission.

Hainan's Sanya opens first national dental specialty center

Hainan's Sanya opens first national dental specialty center

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