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Japan's 10-year yield falls on risk aversion, debt issuance pledge
TOKYO: Japanese government bond yields fell on Monday as a risk-off mood swept through markets after a selloff in US technology stocks, while Prime Minister Sanae Takaichi’s pledge to control debt issuance also supported sentiment. The benchmark 10-year JGB yield eased 3 basis points to 2.9%. Yields move inversely to bond prices. US Treasuries climbed on Friday, capping a strong week, as a selloff in the AI sector fuelled demand for safer assets. Japan will “appropriately” control the size of its debt issuance, Takaichi said on Monday. “The sharp fall in US tech stocks looks set to spill ove...
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