The yield on Japan 10Y Bond Yield eased to 1.56% on July 31, 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 0.52 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 ***** percent in 1990, yields steadily declined, with slight fluctuations, reaching a low of ***** percent in 2019. After 2019, yields began to rise again, reflecting recent increases in interest rates and inflation expectations.

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)).

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Japan (IRLTLT01JPQ156N) from Q1 1989 to Q2 2025 about long-term, 10-year, Japan, bonds, yield, government, interest rate, interest, and rate.

Japan 10-Year Government Bond (JGB) Rates price data, Japan 10-Year Government Bond (JGB) Rates data, recent 21 years (traceable to Jan 24,2005), the yield unit is %, latest yield value is 1.55, updated at Jul 17,2025

The yield on Japan 5 Year Bond Yield eased to 1.11% on July 29, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.12 points and is 0.52 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.

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.

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 0.83% on July 31, 2025, marking a 0 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.09 points and is 0.36 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.

Japan 10-Year Government Bond (JGB) Rates yield data, Japan 10-Year Government Bond (JGB) Rates data, recent 21 years (traceable to Jan 24,2005), the yield unit is %, latest yield value is 1.55, updated at Jul 17,2025

In June 2025, the average yield on ten-year government bonds in the United States was **** percent. This was the ******* of the selected developed economies considered in this statistic. 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 **** percent yield on ten-year government bonds for borrowing their money in June 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.

Daily sample data for Japanese 10 Year Bond Yield JYY10Y timestamped in Chicago time

As of December 2024, the countries with the highest 10-year yields are the United Kingdom, the United States and Australia with 4.68, 4.38 and 4.21 percent, respectively. Of the largest economies by GDP, the United States saw the sharpest fall in absolute terms for 10-year government bond yields due to the coronavirus (COVID-19) pandemic. From a level of 1.51 percent in January 2020, yields on 10-year government bonds fell to 0.65 percent by April 2020, and had further fallen to 0.53 percent by July 2020 before starting to recover towards the end of the year. Conversely, countries that went into 2020 with already low bond yields like Japan, Germany and France actually saw a small increase in March 2020 - although these already low yields mean that these small changes are significant in relative terms.

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.

Download Historical Japanese 10 Year Bond Yield Fixed Income Data. CQG daily, 1 minute, tick, and level 1 data from 1899.

Japan LDI: Newly Issued Government Bonds Yield: 10 Year data was reported at 0.130 % pa in Sep 2018. This records an increase from the previous number of 0.110 % pa for Aug 2018. Japan LDI: Newly Issued Government Bonds Yield: 10 Year data is updated monthly, averaging 2.760 % pa from Jan 1975 (Median) to Sep 2018, with 525 observations. The data reached an all-time high of 11.050 % pa in Jan 1975 and a record low of -0.230 % pa in Jun 2016. Japan LDI: Newly Issued Government Bonds Yield: 10 Year data remains active status in CEIC and is reported by Economic and Social Research Institute. The data is categorized under Global Database’s Japan – Table JP.S001: Leading Indicators: 2015=100.

In January 2020, prior to the onset of the global coronavirus (COVID-19) pandemic, three of the seven largest economies by GDP had negative yields for two-year government bonds (Japan, Germany and France). With the onset of the pandemic, two-year bond yields in these countries actually rose slightly - in contrast to the other major economies, where yields fell over this period. As of December 2024, yields for two-year government bonds exhibited fluctuations across all countries. Notably, Japan showed a slight upward trend, while China experienced a modest decline.Negative yields assume that investors lack confidence in economic growth, meaning many investments (such as stocks) may lose value. Therefore, it is preferable to take a small loss on government debt that carries almost no risk to the investor, than risk a larger loss on other investments. As both the yen and euro are considered very safe assets, Japanese, German and French bonds were already being held by many investors prior to the pandemic as a hedge against economic downturn. Therefore, with the announcement of fiscal responses to the pandemic by many governments around March 2020, the value of these assets rose as confidence increased (slightly) that the worst case may be avoided. At the same time, yields on bonds with a higher return fell, as investors sought out investments with a higher return that were still considered safe.

Japan Central Govt Debt: GB: General Bonds: Long Term, 10 Yrs or Above data was reported at 658,360.200 JPY bn in Sep 2018. This records an increase from the previous number of 650,515.500 JPY bn for Jun 2018. Japan Central Govt Debt: GB: General Bonds: Long Term, 10 Yrs or Above data is updated quarterly, averaging 349,786.950 JPY bn from Jun 1996 (Median) to Sep 2018, with 90 observations. The data reached an all-time high of 658,360.200 JPY bn in Sep 2018 and a record low of 193,453.700 JPY bn in Jun 1996. Japan Central Govt Debt: GB: General Bonds: Long Term, 10 Yrs or Above data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.F031: Central Government Debt: Quarterly.