Mumbai, June 1 -- Japan's bond yields are soaring amid a rebound in crude oil prices and worries over government spending. The country is putting together a supplementary budget to assist households with living expenses amid rising energy prices. Japan's 10-year government bond yield zoomed around 2.70% on Monday, recovering from two-week lows and hitting three-decade high. The very long term 30-year yield has also jumped above 4% and hit four-decade high.

Published by HT Digital Content Services with permission from Capital Market....