Jin10 data May 12 news, Japanese government bond yields rose on Monday as signs of progress in the China-U.S. trade talks boosted investor risk appetite, leading to the dumping of safe-haven assets. The yield on Japan's 10-year government bonds reached 1.4%, the highest since April 10, and was last reported at 1.38%, an increase of 3 basis points from the previous trading day. Katsutoshi Inadome, a senior strategist at Sumitomo Mitsui Trust Asset Management, said: "Investor risk appetite has improved after seeing signs of progress in the China-U.S. talks." "The market has yet to see progress in the Japan-U.S. talks, but the fate of the China-U.S. talks is crucial."
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Japanese bond yields pump, as China-U.S. trade talks boost risk appetite.
Jin10 data May 12 news, Japanese government bond yields rose on Monday as signs of progress in the China-U.S. trade talks boosted investor risk appetite, leading to the dumping of safe-haven assets. The yield on Japan's 10-year government bonds reached 1.4%, the highest since April 10, and was last reported at 1.38%, an increase of 3 basis points from the previous trading day. Katsutoshi Inadome, a senior strategist at Sumitomo Mitsui Trust Asset Management, said: "Investor risk appetite has improved after seeing signs of progress in the China-U.S. talks." "The market has yet to see progress in the Japan-U.S. talks, but the fate of the China-U.S. talks is crucial."