Japanese government bond yields at the shorter end of the curve fell on Wednesday as the strengthening yen reduced expectations that the Bank of Japan would pursue aggressive interest-rate hikes, according to a report by Reuters.
The two-year JGB yield, which is particularly sensitive to expectations for BOJ policy, declined 1 basis point to 1.835%. The five-year yield fell 1.5 basis points to 2.22%. Bond yields move inversely to prices.
