(Reuters) - The yield on two-year notes hit a 10-month high early in the session as market participants bet that shorter maturities will underperform longer-dated bonds on the view that the BOJ may soon raise its overnight call rate.
Investors believe that better-than-expected gross domestic product data for the January-March quarter due on May 17 may bolster the case for a rate rise in the July-September quarter.
Read more at Reuters.com Bonds News
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