Japan Economy News Today, December 3, 2025: Services PMI Strengthens as Bond Yields Hit 17‑Year High and BOJ Eyes Rate Hike
Tokyo – December 3, 2025 Japan’s economy opened December with a mixed but increasingly dynamic picture: services activity is expanding solidly, factories are still struggling but stabilising, government stimulus and tax breaks are flowing through the system, and bond yields have surged to their highest levels since 2008 as markets brace for a possible Bank of Japan (BOJ) rate hike later this month. Adnkronos English+3Reuters+3Reuters+3 Services-led growth offsets weak factories The clearest positive signal today comes from fresh business survey data. The S&P Global Japan Services Purchasing Managers’ Index (PMI) rose to 53.2 in November, up from 53.1 in October,