Economic TimesLean R·
Global Market: Japanese bond yields climb as oil surge and fiscal concerns weigh on market
Japanese government bond yields climbed on Thursday due to rising oil prices. Higher energy costs fueled inflation expectations and investor worries about Japan's fiscal health. A Bank of Japan survey indicated widespread expectations of future price increases. Shorter-term bond yields also saw upward movement following the inflation concerns. Persistent fiscal expansion worries are keeping investors cautious about future bond issuance.
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