Japan’s benchmark bond yield reached 3% for the first time since 1996. The move followed signals from US Treasury Secretary Scott Bessent that the Bank of Japan is expected to raise rates soon.
WHO:Scott Bessent
WHAT:Japan’s benchmark bond yield rose to 3% for the first time since 1996, after signals that the Bank of Japan is expected to raise rates soon.
WHEN:Reported Sep 1, 2026 at 12:47 AM ET
WHERE:Japan
WHY:Cause not yet established.
Reporting from 4 identified publishers across this event arc.
