JGB yields in 2023
10Y average0.571%No. 32 of 41
Year-end0.647%29 Dec 2023
Year high0.959%1 Nov 2023
Year low0.281%20 Mar 2023
10-year yield, monthly average
By tenor: average and year-end
| Tenor | Average | Year-end | y/y |
|---|---|---|---|
| 1-year | -0.085% | -0.026% | -4bp |
| 2-year | -0.002% | 0.048% | +2bp |
| 3-year | 0.028% | 0.056% | -1bp |
| 4-year | 0.110% | 0.134% | -2bp |
| 5-year | 0.218% | 0.233% | -2bp |
| 6-year | 0.278% | 0.265% | -8bp |
| 7-year | 0.359% | 0.360% | -7bp |
| 8-year | 0.460% | 0.472% | -3bp |
| 9-year | 0.512% | 0.562% | +9bp |
| 10-year | 0.571% | 0.647% | +19bp |
| 15-year | 0.987% | 1.083% | +6bp |
| 20-year | 1.269% | 1.404% | +11bp |
| 25-year | 1.409% | 1.574% | +11bp |
| 30-year | 1.492% | 1.662% | +8bp |
| 40-year | 1.622% | 1.793% | +5bp |
- January 2023
- February 2023
- March 2023
- April 2023
- May 2023
- June 2023
- July 2023
- August 2023
- September 2023
- October 2023
- November 2023
- December 2023
Japan vs. US 10-year yield
0.571%
3.959%
Average gap (US minus Japan): +339bp
JGB yields from Japan's Ministry of Finance; US yields are the Treasury's daily par yield curve. Percent per year; 1 bp = 0.01%. Not investment advice.
About this page
The 10-year yield averaged 0.571% in 2023 (No. 32 of 41 years) and ended the year at 0.647% (+19bp y/y).