Japan's benchmark 10-year government bond (JGB) yield climbed on Tuesday after a weak debt auction highlighted fragile investor appetite, reversing earlier declines and approaching its highest level in about a month as concerns over the country's fiscal outlook and the Bank of Japan's policy trajectory continued to weigh on sentiment, Reuters said.
According to Reuters, the 10-year JGB yield rose 3 basis points to 2.850% after falling as low as 2.790% earlier in the session. Bond yields move inversely to prices.
