The 10-year JGB yield reached a decade high in Asian trading due to rising U.S. Treasury rates, prompting the Bank of Japan to intervene.
The 10-year JGB yield reached 0.845%, its highest since July 2013.
The BOJ intervened to stabilize market expectations and halt yield hikes, providing financial institutions with five-year collateralized loans.
The yield fell to 0.835%, while benchmark 10-year JGB futures were 144.68 yen.