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Japanese Government Bonds Rise With U.S. Treasurys on Fed Rate Hike Bets

JGBs rose in early Tokyo trade, mirroring overnight gains in U.S. Treasurys as reduced prospects for Federal Reserve rate hikes influenced the market. JGBs and Treasurys typically move in a correlated manner.

DXY

S. Treasurys as expectations for a Fed rate hike eased. JGBs and Treasurys typically move in step. S.

central bank may need “more time” to decide on its next move, even as inflation risks are tilted to…