TOKYO, March 6 (Xinhua) -- Japan's benchmark 10-year government bond yield hit 1.515 percent on Thursday, its highest level since June 2009, amid expectations for a further rate hike in Japan and a sharp rise in yields on long-term German government bonds.

The key barometer of long-term interest rates went up 0.075 percentage points from the previous day's close, following the Bank of Japan (BOJ)'s continued hawkish signals.

On Wednesday, BOJ Deputy Governor Shinichi Uchida said that the central bank intends to further raise its short-term policy rate if the economy and prices move in line with expectations.

Meanwhile, political parties in talks to form Germany's next government reportedly agreed to loosen the government's fiscal rules, inducing a bond market sell-off around the world.

Investors sold Japanese government bonds to make up the losses from German government bonds, sending the benchmark 10-year bond yield to its highest point in more than 15 years, analysts said. Enditem

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