Japanese government bond prices experienced a downturn on Thursday, marked by volatile trading. The 10-year yield surged to 1.61%, a level unseen since October 2008, influenced by a tepid liquidity-enhancing auction. Simultaneously, the 20-year JGB yield climbed to 2.655%, reaching its highest point since November 1999.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets