Japan 2-year bond yield nears 2% as BOJ tightening bets rise
The 2-year JGB yield reached 1.975% on Monday, its highest since March 1995. Swap rates imply a 36% chance of an October hike to 1.5%, with the Tankan report due Thursday.
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The 2-year JGB yield reached 1.975% on Monday, its highest since March 1995. Swap rates imply a 36% chance of an October hike to 1.5%, with the Tankan report due Thursday.