Japan’s Benchmark Yield Almost Back Above Zero on BOJ, Auctions

  • Super-long yields on 30-, 40-year JGBs hit highest since March
  • Debt auctions, Fed rate-hike expectations weigh on sentiment

Japanese government bonds’ worst week in a month sent 10-year yields almost back up to zero amid speculation the Bank of Japan will tweak its debt-buying program this month and concerns that demand will decline at auctions this month.

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