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Daiwa Comments on Japanese Government Bonds on Monday
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Daiwa Comments on Japanese Government Bonds on Monday
May 13, 2024 4:18 AM

06:54 AM EDT, 05/13/2024 (MT Newswires) -- Japanese government bond (JGB) yields rose further Monday, with the two-year yields up to the highest since 2009 and 30-year yields above 2% for the first time since 2011, as the Bank of Japan (BoJ) reduced the amount it bought in its regular operation by 50 billion yen compared with the previous month, although within the potential range set out at the start of the month, said Daiwa Capital Markets.

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