Japan’s Long-Term Interest Rate Hits 2.35%, Highest Level in 27 Years

2026-01-25 - 21:05

Japan’s long-term interest rates, which directly influence fixed mortgage borrowing costs and broader financing conditions across the economy, continued their rapid climb and reached the 2.35% range on January 20th, marking the highest level in roughly 27 years as investors grew increasingly uneasy about Japan’s fiscal outlook and stepped up bond selling amid political pledges for consumption tax cuts that some market participants believe could become permanent. (News On Japan)