Analysis: Japanese bond yields rose perhaps as Sino-US trade talks boosted risk appetite
Japanese government bond yields rose on Monday as signs of progress in Sino-US trade talks boosted investors 'risk appetite and prompted a sell-off of safe-haven assets, Internet reported. Japan's 10-year bond yield hit 1.4%, the highest since April 10, with the latest report at 1.38%, up 3 basis points from the previous trading day. "Investors 'risk appetite has improved after seeing signs of progress in the Sino-US talks," said Katsutoshi Inadome, senior strategist at Sumitomo Mitsui Trust Asset Management. "The market still has not seen the progress of the Japan-US talks, but the fate of the China-US talks is important."
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