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Japan 2-Year Government Bond (JGB) Rates

Japan 2-Year Government Bond (JGB) Rates data, recent 22 years (traceable to Jan 24,2005), the yield unit is %, latest yield value is 1.38, updated at Apr 03,2026

Price

Current: 100.03 JPY (-0.002 / -0.002%)

Apr 03,2026

Time Range: Jan 24,2005 ~ Apr 03,2026

Average: 100.67 JPY
Median: 100.19 JPY
Max: 105.38 JPY (Jan 24,2005)
Min: 99.66 JPY (Jan 27,2026)

Yield

Current: 1.38 % (+0.000 / +0.000%)

Apr 03,2026

Time Range: Jan 24,2005 ~ Apr 03,2026

Average: 0.17 %
Median: 0.09 %
Max: 1.38 % (Apr 02,2026)
Min: -0.38 % (Jul 27,2016)
Share:

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1

Relationship between Japanese 2-year yields and BoJ policy?

Japanese 2-year yields are closely related to BoJ policy, especially under yield curve control policies. The central bank controls short-term yield levels through bond purchases.

2

Performance of Japanese 2-year bonds in negative rate environment?

The Japanese 2-year bond is a direct reflection of the Bank of Japan's monetary policy, and its yield movements have a significant impact on the yen exchange rate and the Japanese stock market.

3

Impact of Japanese 2-year bond rates on Asian economy?

Japanese 2-year bond rates, as one of the most important short-term benchmark rates in Asia, directly affect Asian bank borrowing costs and economic growth. Changes affect 5-year bonds, 10-year bonds and other medium-term rates, and influence global capital flows through yen exchange rates.

4

Differences between Japanese 2-year bonds and US short-term bonds?

Japanese 2-year bonds have lower yields compared to US 2-year bonds, reflecting the ongoing impact of BoJ's accommodative monetary policy. German 2-year bonds are affected by ECB policies with relatively higher yields.