Japanese Government Bonds Edge Lower as Oil Prices Rise
JGB prices edged lower in early Tokyo trading amid higher oil prices. Attention may shift to the Finance Ministry’s auction of about 2.5 trillion yen in five-year sovereign notes.
JGBs edge lower in price terms in early Tokyo trade amid higher oil prices that typically cause inflation in Japan and could prompt a faster pace of BOJ rate hikes. 5 trillion yen of 5-year sovereign notes. "We expect t…