Japan's long-term bond yields reached the 3% threshold for the first time in nearly three decades, signaling a significant shift in the nation's monetary policy landscape. This milestone reflects growing market expectations of imminent interest rate increases by the Bank of Japan, a move that could reshape borrowing costs across the economy. US Treasury Secretary Scott Bessent's recent comments underscore international anticipation for Japan's policy normalization, marking a pivotal moment in post-pandemic financial markets.

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