Japan's 10-year government bond yield rises 5 basis points to 2.715% amid expectations of Federal Reserve rate hikes

robot
Abstract generation in progress
Golden Finance reports that on June 8, Japan’s 10-year government bond yield rose, as a strong U.S. employment report boosted market expectations that the Federal Reserve will raise interest rates this year. Japan’s 10-year government bond yield rose by 5 basis points to 2.715%. U.S. Treasuries fell as investors increased their bets that the Federal Reserve will need to raise rates, and renewed tensions in the Middle East once again intensified concerns about inflation. During Monday’s Asian trading session, U.S. Treasury yields across various maturities rose by roughly 2 to 5 basis points, with the most volatility in shorter-end bonds such as the 5-year and 2-year tenors, which are more sensitive to changes in expectations for Federal Reserve policy. Investors are still assessing last Friday’s strong U.S. employment report, which came in above all expectations and reinforced the view that, during his tenure as Federal Reserve Chair, Kevin Woshi would need to raise interest rates to curb inflation. (Sina Finance)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned