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The Economic Times

Business

Anupam Nagar

Global Market: Japan bond yields fall as US tech selloff fuels safe-haven demand

Bonds Sanae Takaichi United States Japan Bank of Japan BOJ Stock Market

Japanese government bond (JGB) yields fell on Monday as a risk-off mood swept through financial markets following a selloff in US technology stocks, while Prime Minister Sanae Takaichi's pledge to control government debt issuance provided additional support.

The benchmark 10-year JGB yield declined 3 basis points to 2.9%. Bond yields move inversely to prices.

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