JGB yields creep down as investors eye BOJ policy decision

Japanese government bond (JGB) yields inched down on Monday as investors awaited the Bank of Japan's (BOJ) monetary policy decision at the end of its two-day meeting starting Dec. 18. The 10-year JGB yield fell 2 basis points (bps) to 0.685% after edging up on Friday. Although most market participants no longer expect the Japanese central bank to exit from negative interest rates this month, investors were moving cautiously ahead of the bank's decision.