The main exception to this global
pattern has been Japan, where 10 - year bond yields have remained remarkably
stable,
generally trading in the range between 1.7 per cent and 1.8 per cent so far this year (Graph 8).
This isn't a terrible idea, but single grid points have offsets to a co-located station for any number of reasons — mean altitude, un-resolved micro-climate effects, systematic but
stable biases in planetary wave
patterns etc. — and anomaly comparison are
generally preferred since they can correct for these oft - times irrelevant effects.