Japan's 10-year yields hit 17-year peak ahead of Powell speech
Published on: Aug. 22, 2025, 10:47 a.m. | Source: Economic Times
Japanese 10-year government bond yields surged to a 17-year high, mirroring a rise in U.S. Treasury yields as investors awaited Federal Reserve Chair Jerome Powell's speech at Jackson Hole. Market players are reacting to purchasing managers surveys indicating increased U.S. business activity and hiring.
