Global Market: Japan’s 10-year bond yield climbs after weak auction signals soft demand

Japan’s 10-year government bond yield climbed after a weak debt auction signalled softer investor demand, reversing early gains in bond prices. Markets remain focused on Japan’s fiscal outlook and expectations of further Bank of Japan policy tightening, with disappointing auction results adding to pressure on benchmark government bond yields.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Read more at the source