Japanese government bond (JGB) yields fell to multiweek lows on Thursday as investors sought safe-haven assets amid geopolitical uncertainties and inflation concerns, while looking ahead to next week's Bank of Japan (BOJ) policy meeting, according to a report by Reuters.
The benchmark 10-year JGB yield declined 1 basis point to 2.88%, its lowest level since September 9. The five-year yield fell 1.5 basis points to 2.285%, its lowest since September 18, while the 30-year yield dropped 2.5 basis points to 3.895%, the lowest since August 6.
