JGB yields rise as BOJ official signals faster rate hikes
Japanese government bond yields rose on Thursday as Middle East tensions lifted oil prices. The move accelerated after a Bank of Japan official took a hawkish tone on further policy tightening.
Japanese government bond (JGB) yields rose on Thursday as higher oil prices, driven by escalating Middle East tensions, added to upward pressure. The move accelerated after a Bank of Japan official gave a hawkish signal on further policy tightening.