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Lisa Abramowicz: Japanese 10-year yield reaches post-1997 high amid global rise

Lisa Abramowicz: Japanese 10-year yield reaches post-1997 high amid global rise
Japanese yields hit post-1997 high

Lisa Abramowicz, journalist and co-host on Bloomberg TV/Radio, reports that Japanese 10-year government bond yields have climbed to a new post-1997 high of 2.52 percent.

Abramowicz highlights that longer-term yields are increasing globally, coinciding with a surge in oil prices and ongoing corporate and government spending.

Abramowicz has recently reported on other market trends. She noted that commercial and industrial loans at U.S. banks rose 7.4 percent year-over-year, the largest increase in three years. In a separate report, she highlighted U.S. crude and petroleum product exports reaching a record high of nearly 12.9 million barrels a day.

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