Long-Term JGB Yield Higher Following Gains in U.S. Treasury Yields
Dow Jones
3 hours ago
0045 GMT - Long-term Japanese government bond yields are higher, tracking gains in U.S. Treasury yields overnight. Domestic yields are also supported by continued expectations for the Bank of Japan's rate increases aimed at mitigating upside risks in inflation. Investors are focusing on crude oil prices and any signs of rising inflation. Oil prices declined overnight as traders weighed a planned release of emergency oil and diesel stocks by the G-7 countries. The 10-year Japanese government bond yield is 2 basis points higher at 3.105%.
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