yield curve
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JapanConstant-maturity JGB yield to maturity · as of · Source: Ministry of Finance, Japan · Checked once a day
Key points
- 2 years
- 1.94%
- 5 years
- 2.41%
- 10 years
- 3.09%
- 30 years
- 4.14%
- 10-year minus 2-year
- +1.15pts
- Maturities published
- 15
- Available maturities
- 1 to 10 years, then 15, 20, 25, 30 and 40 years
- Daily history from
- 1974
All maturities
| Maturity | Yield (%) |
|---|---|
| 1 year | 1.657 |
| 2 years | 1.936 |
| 3 years | 2.084 |
| 4 years | 2.277 |
| 5 years | 2.414 |
| 6 years | 2.540 |
| 7 years | 2.669 |
| 8 years | 2.824 |
| 9 years | 2.954 |
| 10 years | 3.089 |
| 15 years | 3.618 |
| 20 years | 3.916 |
| 25 years | 4.165 |
| 30 years | 4.136 |
| 40 years | 4.134 |
Common questions
What is the 10-year government bond yield in Japan?
3.09% on 8 Oct 2026, as published by Ministry of Finance, Japan.
Is the Japan yield curve inverted?
No. On 8 Oct 2026 the 10-year yield was 1.15 points above the 2-year yield.
How often is the curve updated?
The Ministry of Finance, Japan publishes at 09:30 Japan time on the next business day. All points share one source date. Weekends and holidays may have no new curve.
How far back does the daily history go?
Daily history is available from 1974. Available maturities: 1 to 10 years, then 15, 20, 25, 30 and 40 years. Missing terms are omitted.
Why do yield curves for the US, the UK, Germany, and Japan differ?
United States: Nominal par yield (US Department of the Treasury). United Kingdom: Continuously compounded nominal zero-coupon yield (Bank of England). Germany: Svensson spot yield (Deutsche Bundesbank). Japan: Constant-maturity JGB yield to maturity (Ministry of Finance, Japan). Compare each curve's shape over time. The same maturity label does not make different measures interchangeable.
Japan's yield data is reused under Public Data License 1.0. Narwhal formats the source data for the API. This version was not created by the Ministry of Finance, Japan. Source licence