Japanese government bonds (JGBs) gained on Wednesday, following a rally in U.S. Treasuries, amid escalating tensions in the Middle East and a cautious stance by the Bank of Japan (BOJ). JGB yields fell as bond prices rose, with the 10-year yield down 2 basis points at 1.455%. BOJ Governor Kazuo Ueda's cautious tone on policy tightening also contributed to the gains.
image sourced from original article at https://www.dailymail.co.uk/wires/reuters/article-14823321/JGBs-gain-Middle-East-tensions-cautious-BOJ-stance.htmlOriginal article source: https://www.dailymail.co.uk/wires/reuters/article-14823321/JGBs-gain-Middle-East-tensions-cautious-BOJ-stance.html
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