Japan's 10-year real yield rises to a 15-week high

On July 1st, Jinshi Data reported that on Monday, the real yield of Japanese 10-year government bonds rose by 2.7 basis points from the previous trading day to -0.46%. The yield adjusted for inflation break-even has risen for the eighth consecutive trading day. Since the beginning of this year, the real yield has risen by 11 basis points, and it has risen by 2.6 basis points this month. Japan’s CPI in May rose by 2.5% year-on-year, and the next release of CPI data in Japan will be on July 18th.