Government bond yield · Japan
Japan 10-Year JGB Auction
The Japan 10-Year JGB Auction is the yield on Japan's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
- الأهمية
- Medium
- صدر
- Monthly
- الإصدار التالي
- العملة
- JPY · Japanese yen
- البنك المركزي
- The Bank of Japan
أحدث الأرقام
صدر آخر إصدار في 2026-11-05 وجاء عند 2.77%. هذا أقل من 3.101% في المرة السابقة.
خلال آخر 12 إصدارات تراوح بين 1.87% و3.10%، بمتوسط 2.53%.
| صدر | المدة | الفعلي | التوقعات | السابق |
|---|---|---|---|---|
| 5 Nov 2026 | – | 2.77% | – | 3.101% |
| 6 Oct 2026 | – | 3.101% | – | 2.995% |
| 1 Sep 2026 | – | 2.995% | – | 2.840% |
| 4 Aug 2026 | – | 2.840% | – | 2.729% |
| 2 Jul 2026 | – | 2.729% | – | 2.649% |
| 2 Jun 2026 | – | 2.649% | – | 2.540% |
| 12 May 2026 | – | 2.540% | – | 2.350% |
| 2 Apr 2026 | – | 2.35% | – | 2.122% |
| 3 Mar 2026 | – | 2.122% | – | 2.249% |
| 3 Feb 2026 | – | 2.249% | – | 2.095% |
| 6 Jan 2026 | – | 2.095% | – | 1.872% |
| 2 Dec 2025 | – | 1.872% | – | 1.658% |
لماذا يهم
Government yields are the base of every other interest rate. Short maturities follow the Bank of Japan's policy rate closely; long ones reflect expected growth, inflation and the risk of holding long debt. Higher yields relative to other countries attract capital and support the Japanese yen; the gap between long and short yields (the yield curve) is a classic recession signal when it turns negative.
طريقة الحساب
The yield is the interest rate that makes the present value of the bond's coupons and repayment equal to its price; on a calendar it often reports the average yield at a government auction.
Price = Σ coupon ÷ (1 + y)ᵗ + face ÷ (1 + y)ᵀ
Inflation-linked (TIPS) yield ≈ nominal yield − expected inflationما تعنيه التغيرات
- Yields rise when prices of bonds fall: strong data and hawkish central banks push yields up.
- An inverted curve (2-year above 10-year) has preceded most US recessions, with a lag of a year or more.
- Inflation-linked yields show the real (after-inflation) return.
لمحة تاريخية قصيرة
Government bond markets go back to the Dutch and English debt of the 17th century; the US Treasury yield curve has been watched as a recession signal since research by Campbell Harvey in the 1980s.
الأسئلة
What is the Japan 10-Year JGB Auction?
The Japan 10-Year JGB Auction is the yield on Japan's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
What was the latest Japan 10-Year JGB Auction?
2.77%, published on 5 November 2026.
When is the next Japan 10-Year JGB Auction?
On Thursday 3 December 2026 at 03:35 UTC.
محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.