Japanese treasury yields extend rebound from one-month low
Mumbai, June 8 -- Japanese government bond yields moved up on Monday on inflation concerns and hawkish Bank of Japan signals. Japan's 10-year government bond yield edged up above 2.70% and tested near one-week high. The markets also eyed an uptick in the US Treasury yields higher as robust US jobs data boosted expectations for a Federal Reserve interest rate hike this year. Global bond yields generally remained elevated today after Iran launched several rounds of missiles toward Israel as a warning against further military actions in Lebanon. This pushed up crude oil prices and also triggered fresh inflation concerns. Japanese yields had eased from a multi-decade high and tested one-month low last week. However, a recovery thereafter has ...
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