Government bond yields fall as inflation cools, Prime Minister Takaichi repeats his budget promise

Japanese government bonds rose on Friday as cooling inflation reduced the urgency for central bank rate hikes and Prime Minister Sanae Takaichi reiterated her pledge to pursue “responsible” fiscal policy. The yield on ten-year Japanese government bonds fell by 3.5 basis points (bps) to 2%. ⁠The yield on two-year bonds, the most sensitive to the […]