Japan's 10-year yield hits 3%, a first since 1996 as rate hikes dominate the G20
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What happened
Japan's 10-year government bond yield touched 3% on Tuesday for the first time since 1996, part of a deepening global sovereign debt sell-off, while US Treasury Secretary Scott Bessent used the G20 finance meeting to press Tokyo for faster rate hikes.
Summary assembled by rule from the sources below