Japan's 10-Year Breakeven Inflation Rate Hits Record High of 2.35% on May 19

GateNews
On May 19, Japan's 10-year breakeven inflation rate touched a record high of 2.35%, the highest level since inflation-linked government bonds began trading in 2004. The rate, which reflects market inflation expectations, has risen above the Bank of Japan's 2% target, heightening concerns that even tighter monetary policy may fail to raise real interest rates.
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