Threat Looms for Japan’s Stocks as Benchmark Bond Yield Nears 3%

Japanese stocks are under pressure as long-term interest rates approach 3%, levels which are stoking fears about a hit to corporate earnings via increased borrowing costs.

By Kentaro Tsutsumi · Bloomberg Markets

Japanese stocks are under pressure as long-term interest rates approach 3%, levels which are stoking fears about a hit to corporate earnings via increased borrowing costs.