Japan bond yields hit 29 year high as US Iran talks collapse and oil fears surge

Published on 24 April 2026

Strait of Hormuz turmoil could force Bank of Japan action

Japan’s benchmark government bond yield has jumped to a 29-year peak as investors price higher inflation risk. Escalating oil prices follow the collapse of US-Iran peace talks, with concerns rising after a planned US Navy blockade near the Strait of Hormuz. Markets now watch the Bank of Japan closely for hints of potential interest rate hikes this month.

Japan’s benchmark bond yield climbs to a 29-year high
Falling US-Iran tensions lift oil price and inflation worries
Strait of Hormuz blockade plan adds geopolitical pressure
Investors await Bank of Japan signals on rate hikes

#bank of japan #inflation #strait of hormuz #japan bonds #oil prices

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Japan bond yields hit 29 year high as US Iran talks collapse and oil fears surge

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