Japan short-end yields fall as yen strengthens, easing rate-hike bets
Short-dated Japanese government bond yields fell Wednesday. The two-year yield dropped 1 basis point to 1.835%, while the five-year yield also declined as a stronger yen reduced bets on aggressive BOJ rate hikes.
Yields on shorter-dated Japanese government bonds fell on Wednesday as a stronger yen damped expectations for aggressive rate hikes by the Bank of Japan. 835%. The five-year yield (JP5YTN=JBTC) also fell.