- Japan's two-year government bond yield rose as much as four basis points to 1.975%, the highest since 1995, as traders increased wagers on additional Bank of Japan rate hikes.
- The five-year yield climbed three basis points to 2.43%, with other maturities also under pressure.
Quotes
“The yield, which is sensitive to expectations for monetary policy, rose as much as four basis points to 1.975% on Monday, its highest since 1995.”