The 10-year government bond yield in Japan has reached a record high of 1.0%, the highest level in 11 years. This surge is driven by expectations that the country’s central bank may implement further tightening measures in the near future. The yield briefly touched the significant mark of 1.0%, which has not been seen since May 2013. Investors have been speculating about the potential timing of rate increases by the Bank of Japan and a potential reduction in government bond purchases after the central bank ended its negative interest-rate policy and scaled back its unconventional easing measures in March.