# JGB 10-year yield hits six-year high as global tightening pressures BOJ

> Japan's 10-year government bond yield hit a six-year high as central banks in the US, New Zealand and elsewhere pursue more hawkish policy amid persistent inflation. The Bank of Japan reiterated its commitment to ultra-easy monetary conditions.

- Date: 2022-01-31 · published 2022-01-31T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/43364-jgb-10-year-yield-hits-six-year-high-as-global-tightening-pressures-boj
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising global yields and a widening gap with Japan's policy stance tend to push the yen weaker and strengthen the dollar, raising the cost of dollar-priced feed imports for Japanese buyers.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-04-28 | [Global shares rise as earnings boost, U.S. dollar hits 20-year high](https://feedsoft.ai/events/42072-global-shares-rise-as-earnings-boost-u-s-dollar-hits-20-year-high.md) | +0.1% | -0.4% |
| DXY | 2022-09-26 | [(LEAD) Won hits over 13-year low per U.S. dollar during intraday trade on global tightening \| Yonhap News Agency](https://feedsoft.ai/events/39822-lead-won-hits-over-13-year-low-per-u-s-dollar-during-intraday-trade-on-global.md) | +0.2% | +0.6% |
| DXY | 2021-09-30 | [Dollar near one-year high as Fed tightening in focus \| Reuters](https://feedsoft.ai/events/45253-dollar-near-one-year-high-as-fed-tightening-in-focus-reuters.md) | +0.0% | -1.1% |
| DXY | 2026-09-30 | [Global bond selloff boosts dollar, pressures euro](https://feedsoft.ai/events/17693-global-bond-selloff-boosts-dollar-pressures-euro.md) | -0.1% | +0.7% |
| DXY | 2018-04-24 | [Canadian dollar steadies near three-week low as U.S. 10-year yield hits 3 per cent - The Globe and Mail](https://feedsoft.ai/events/65742-canadian-dollar-steadies-near-three-week-low-as-u-s-10-year-yield-hits-3-per.md) | +0.4% | +2.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/rates-bonds/jgb-10-year-yield-hits-six-year-high-global-tightening-pressures-boj-2022-01-31/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.