Japanese government bond (JGB) yields moved in opposite directions on Tuesday. Shorter-dated yields edged higher while longer-term yields declined as investors assessed persistent inflation pressures and the Bank of Japan’s policy outlook.
The two-year JGB yield, which is particularly sensitive to expectations for BOJ interest rates, rose 1 basis point to 1.915%, while the five-year yield climbed 1.5 basis points to 2.350%, Reuters reported.