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Japanese government bonds fell, sending the 30-year yield to a record high of 4.24% ahead of a 2.6 trillion yen 10-year auction. Worries over expansionary fiscal policies and French debt selloffs weighed on sentiment.
Japanese government bonds declined, pushing the 30-year yield to a record high. Investor sentiment is weak ahead of a 10-year note auction due to concerns over expansionary fiscal policies and contagion from a French debt selloff.
JGB 10-year government bond yield rose to a 30-year high ahead of an auction.