Economic TimesLean R·
Global Market: Japanese bond yields hold near highs as markets brace for BOJ rate hike
Japanese government bond yields remained broadly steady as investors increased bets on a possible Bank of Japan rate hike in September. Short-term yields stayed near multi-year highs, while longer-term yields rose amid fiscal concerns and expected government spending. Markets now largely anticipate further monetary tightening, though fiscal risks could limit yen gains despite higher rates.
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