Japan's 10-year government bond yield has hit a nearly 30-year high.

On the 17th local time, in the Japanese government bond market, the newly issued 10-year government bond yield, as an indicator of long-term interest rates, continued to rise, reaching 2.91% at one point. This figure is the highest since September 1996. It is reported that due to the renewed tensions in the Middle East, along with recent market concerns over the potential further deterioration of Japan's fiscal situation, Japanese government bonds have been sold off by investors, leading to a continuous increase in yields.