(Reuters) - JGBs have been sold off since late May amid a steady rise in
yields on euro zone government bonds and U.S. Treasuries, and as
solid Japanese data reinforced the view that the Bank of Japan
could hike rates as early as August.
After the two-year yield scaled a 10-year high above 1
percent and the five-year yield hit an 11-month high, traders
said they were looking at stock markets and global yields for
clues on whether these maturities, which are most sensitive to
monetary policy changes, could be sold further.
Read more at Reuters.com Bonds News
yields on euro zone government bonds and U.S. Treasuries, and as
solid Japanese data reinforced the view that the Bank of Japan
could hike rates as early as August.
After the two-year yield scaled a 10-year high above 1
percent and the five-year yield hit an 11-month high, traders
said they were looking at stock markets and global yields for
clues on whether these maturities, which are most sensitive to
monetary policy changes, could be sold further.
Read more at Reuters.com Bonds News
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