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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: Japanese bond yields hover near multi-decade highs as inflation concerns persist

Japanese government bond yields remained near multi-decade highs on Tuesday as persistent inflation pressures and expectations of further monetary tightening weighed on the market, with a strong auction of super-long-term debt offering only limited relief, Reuters reported.

The benchmark 10-year JGB yield rose 0.5 basis point to 3.090%, staying close to the 30-year high of 3.115% touched last week. Bond yields move inversely to prices.

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