As inflation risks accumulate, Japan's long-term government bond yields are expected to approach the 3% high seen in 30-year bonds.

```htmlGolden Ten Data reported on May 14 that analysts and investors noted Japan's long-term government bond yields are likely approaching the 3% peak not seen in 30 years, as inflationary pressures triggered by the Iran war fuel market expectations that the Bank of Japan will adopt more aggressive policy tightening measures. On Thursday, Japan's benchmark 10-year government bond yield surpassed 2.6% for the first time since May 1997. Meanwhile, global bond yields are generally trending upward as Middle East conflicts drive energy and commodity prices higher. As an energy importing country, Japan is particularly sensitive to such inflationary pressures, and the continued weakness of the yen has exacerbated this predicament, even though Japanese officials have intervened in attempts to boost the exchange rate.```