Japanese government bonds experienced a decline on Tuesday, leading to increased yields. This occurred as investors reacted to the ruling coalition’s recent election defeat. The yield on 10-year JGBs rose, marking the first increase in four sessions. Japan’s ruling coalition lost control of the upper house in Sunday’s election. Prime Minister Shigeru Ishiba faces pressure amid economic concerns.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets