Global Market: Japanese bond yields rise as traders price September BOJ rate hike
· economictimes.indiatimes.com
Japanese government bond yields rose on Wednesday as markets increasingly priced in a September Bank of Japan rate hike. The benchmark 10-year yield climbed to 2.85%, while the two-year yield hit its highest level since 1995. Higher oil prices added to inflation concerns, while investors awaited U.S. inflation data for clues on the Federal Reserves policy path.
Synopsis
Japanese government bond yields rose on Wednesday as markets increasingly priced in a September Bank of Japan rate hike. The benchmark 10-year yield c...