Japan yields set for biggest monthly rise

By Reuters

Jun 01, 2024 12:14 am

TOKYO — Benchmark Japanese government bond (JGB) yields rose on Friday, headed for their biggest monthly rise since last July, as investors positioned for further policy tightening by the Bank of Japan (BoJ).

The 10-year JGB yield ticked 1 basis point (bp) higher to 1.065 percent as of 0423 GMT, set for a 19.5 bps advance for May.

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