(Reuters) - JGBs had been sold off heavily over the past two weeks in
moves prompted by a steady rise in yields on euro zone government
bonds and Treasuries, and as solid Japanese jobs and production
data reinforced views that a Bank of Japan rate hike is likely as
early as August.
The benchmark 10-year yield scaled the key 1.8 percent mark
on Monday, a seven-month high, while the five-year yield touched
a 10-month high of 1.4 percent.
Read more at Reuters.com Bonds News
moves prompted by a steady rise in yields on euro zone government
bonds and Treasuries, and as solid Japanese jobs and production
data reinforced views that a Bank of Japan rate hike is likely as
early as August.
The benchmark 10-year yield scaled the key 1.8 percent mark
on Monday, a seven-month high, while the five-year yield touched
a 10-month high of 1.4 percent.
Read more at Reuters.com Bonds News
No comments:
Post a Comment