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Japanese bond yields reach 30-year high levels
The yield on the 10-year Japanese government bonds continued to rise, reaching 2.900%, the highest level since September 1996, marking the ninth consecutive day of gains. This comes amid growing concerns about inflation due to tensions in the Middle East and worries over Japan’s public finances, with demand for longer-term bonds declining as oil prices increase and U.S. President’s statements on Iran intensify.
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