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, 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.

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.

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

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.

Japanese government bond yields mostly increased between April 2024 and April 2025. For instance, the 1-year bond yield went from **** percent to **** percent, and the 30-year yield increased from **** percent to **** percent. The increase in yields was consistent across both short- and long-term maturities during this period.

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.

The yield on Japan 2 Year Bond Yield eased to 0.77% 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 0.05 points and is 0.42 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 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.

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.

Graph and download economic data for Interest Rates, Government Securities, Treasury Bills for Japan (INTGSTJPM193N) from Apr 1955 to Jun 2017 about bills, Japan, securities, Treasury, government, interest rate, interest, and rate.

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.

In the fiscal year 2023, Japan issued government bonds (JGBs) worth ***** trillion Japanese yen. Refunding bonds accounted for the largest share of government bonds issued, at ***** trillion Japanese yen. According to the initial budget for the fiscal year 2025, Japan planned to issue ***** trillion yen worth of bonds, including *** trillion yen in green transformation bonds and *** trillion yen in children special bonds.

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)

As of December 2024, ***************** held ** percent of outstanding Japanese Government Bonds (JGBs). While ******************** held the largest share of JGBs, ***** accounted for **** percent of JGB holders.

The yield on Japan 40 Year Bond Yield eased to 3.36% on July 18, 2025, marking a 0.02 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.28 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: Government Bond Yield: Long Term data was reported at 0.045 % pa in 2017. This records an increase from the previous number of -0.066 % pa for 2016. Japan JP: Government Bond Yield: Long Term data is updated yearly, averaging 1.250 % pa from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 1.771 % pa in 1999 and a record low of -0.066 % pa in 2016. Japan JP: Government Bond Yield: Long Term data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Japan – Table JP.IMF.IFS: Treasury Bill and Government Securities Rates: Annual.

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 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 outstanding amount of government general bonds in Japan was planned to reach approximately 1.1 quadrillion Japanese yen by the end of the 2025 fiscal year. Due to the impact of the COVID-19 pandemic, the overall outstanding amount of general bonds issued by the central government leaped by about 60 trillion from fiscal 2019 to 2020.