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JGB yields rise as weak yen drives inflation fears
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JGB yields rise as weak yen drives inflation fears
Jun 18, 2026 11:48 PM

TOKYO, June 19 (Reuters) - Japanese government bond (JGB)

yields rose on Friday as the yen's weakness boosted bets that

the Bank of Japan would have to raise interest rates higher.

Here are a few details:

* The 10-year JGB yield rose 3 basis points

(bps) to 2.645%. Yields move inversely to bond prices.

* The yen was pinned near four-decade lows on Friday, with

markets on heightened watch for intervention as neither a

U.S.-Iran peace deal nor a rate hike in Japan managed to arrest

its prolonged slide.

* "The weak yen would boost import costs, stoking inflation

worries," said Katsutoshi Inadome, senior strategist at Sumitomo

Mitsui Trust Asset Management.

* The BOJ this week raised its policy rate to 1% from 0.75%

in a widely expected move.

* The two-year yield inched up 1 bp to 1.395%.

The five-year yield rose 2.5 bps to 1.885%.

* The 30-year yield rose 4 bps to 3.810%. The

40-year JGB was up 4 bps to 3.7%.

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