The yield on Japan 10Y Bond Yield eased to 1.53% on July 18, 2025, marking a 0.03 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.12 points and is 0.49 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 10 Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

In 2024, the average yield on 10-year government bonds in Japan was *** percent. In 2019, the yield on 10-year government bonds issued by the Japanese government turned negative for the second time since 1995.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Japan (IRLTLT01JPM156N) from Jan 1989 to Jun 2025 about long-term, 10-year, Japan, bonds, yield, government, interest rate, interest, and rate.

The average yearly yield of Japanese 10-year government bonds has shown a significant downward trend from 1990 to 2019. Starting at seven percent in 1990, yields steadily declined, with slight fluctuations, reaching a low of -0.11 percent in 2019. After 2019, yields began to rise again, reflecting recent increases in interest rates and inflation expectations.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Japan from Q1 1989 to Q1 2025 about long-term, 10-year, Japan, bonds, yield, government, interest rate, interest, and rate.

In 2024, long-term government bond yields in Japan stood at **** percent. The yield on long-term government bonds with a residual maturity of around 10 years rose from **** percent in 2023.

OECD Data Filters: REF_AREA: JPN MEASURE: IRLT UNIT_MEASURE: PA ACTIVITY: _Z ADJUSTMENT: _Z TRANSFORMATION: _Z FREQ: A

All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/ (https://data-explorer.oecd.org/). (accessed on (date)).

The yield on Japan 30 Year Bond Yield eased to 3.08% on July 18, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.16 points and is 0.93 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 30 Year Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

The yield on Japan 5 Year Bond Yield eased to 1.05% on July 18, 2025, marking a 0.03 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.10 points and is 0.45 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 5 Year Note Yield - values, historical data, forecasts and news - updated on July of 2025.

The interest rate on newly issued 10-year Japanese Government Bonds (JGBs) in April 2025 was around **** percent. The was the highest interest rate since January 2020 was recorded in March 2025.

The yield on Japan 2 Year Bond Yield eased to 0.78% on July 17, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.04 points and is 0.44 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 2 Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

In March 2025, the average yield on ten-year government bonds in the United States was 4.27 percent. This was the highest of the selected developed economies considered in this statistic. Except Germany, Luxembourg, and Japan, all countries had a yield higher than three on their government bonds. Bonds and yields – additional information The bond yield indicates the level of return that the investor can expect from a given type of bond. The government of Italy, for instance, offered the investors 3.9 percent yield on ten-year government bonds for borrowing their money in March 2025. In the United States, government needs are also financed by selling various debt instruments such as Treasury bills, notes, bonds and savings bonds to investors. The largest holders of U.S. debt are the Federal Reserve and Government accounts in the United States. The major foreign holders of the United States treasury securities are Japan, Mainland China, and the United Kingdom.

Japan 10-Year Government Bond Yield: 35 years of historical data from 1989 to 2024.

Key information about Japan Short Term Government Bond Yield

• Japan Short Term Government Bond Yield: Daily: Japan: 1 Year was reported at 0.65 % pa in Mar 2025, compared with 0.64 % pa in the previous day.
• Japan Short Term Government Bond Yield data is updated daily, available from Sep 1974 to Mar 2025.
• The data reached an all-time high of 0.65 % pa in Mar 2025 and a record low of -0.37 % pa in Jul 2016.
• Short Term Government Bond Yield is reported by CEIC Data.

The Ministry of Finance provides daily Short Term Government Bond Yield.

Intraday 1 minute sample data for Japanese 10 Year Bond Yield JYY10Y timestamped in Chicago time

As of April 16, 2025, the Japanese bond market displayed a positive spread of 68.5 basis points between 10-year and 2-year yields, indicating long-term rates above short-term ones. The 5-year versus 2-year spread and the 2-year versus 1-year spread also showed a positive value, at 22.6 and 10.6 basis points, respectively.

The yield on Japan 20 Year Bond Yield eased to 2.53% on July 18, 2025, marking a 0.04 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.17 points and is 0.70 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Japan 20Y.

The yield on Japan 40 Year Bond Yield eased to 3.38% on July 17, 2025, marking a 0 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.29 points and is 0.98 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Japan 40 Year Bond Yield.

Japan JP: Long-Term Interest Rate: Government Bonds data was reported at 1.845 % in 2026. This records an increase from the previous number of 1.345 % for 2025. Japan JP: Long-Term Interest Rate: Government Bonds data is updated yearly, averaging 3.029 % from Dec 1966 (Median) to 2026, with 61 observations. The data reached an all-time high of 8.871 % in 1980 and a record low of -0.098 % in 2019. Japan JP: Long-Term Interest Rate: Government Bonds data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.EO: Interest Rate: Forecast: OECD Member: Annual. IRL - Long-term interest rate on government bonds; Data refer to Japan Benchmark Bond - Redemption Yield 10 Years. Break in December 1998; pre-1998 refer to interest bearing government bonds (10 Years)

Key information about Japan Long Term Interest Rate

• Japan Bonds Yield: Government Bonds: Newly Issued: 10 Years: Month End was reported at 1.37 % pa in Feb 2025, compared with 1.24 % pa in the previous month.
• Japan Long Term Interest Rate data is updated monthly, available from Dec 1998 to Feb 2025.
• The data reached an all-time high of 2.10 % pa in Jan 1999 and a record low of -0.28 % pa in Aug 2019.
• Long Term Interest Rate is reported by reported by Bank of Japan.

Data refers to yield of newly issued 10-year Japanese Government Bond yield. Yield figures before November 2014 are rates on the latest transaction. Yield figures from November 2014 onwards are rates based on JGB closing prices.


Related information about Japan Long Term Interest Rate

• In the latest reports, Japan Short Term Interest Rate: Month End: TIBOR: Japanese Yen: 3 Months was reported at 0.79 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Japan: Complementary Deposit Facility Interest Rate) was set at -0.10 % pa in Jun 2023.
• Japan Exchange Rate against USD averaged 141.36 (USD/JPY) in Jun 2023.