Japanese government bond yields extended their recent rise on Wednesday as higher oil prices and escalating tensions in the Middle East heightened concerns over inflation, while investors awaited the US Federal Reserve's interest-rate decision.
The benchmark 10-year Japanese government bond yield rose 0.5 basis points to 3.035%, after touching a fresh 30-year high on Tuesday. The 20-year yield climbed 4 basis points to 3.925%, while the 30-year yield also advanced 4 basis points to 4.190%.
