Japanese government bond (JGB) yields fell on Thursday tracking U.S. yields, after the Federal Reserve signaled an end to its tightening cycle and a start to rate cuts next year. However, Japanese yields pared declines in the afternoon after an auction of 20-year JGBs saw poor demand. The 10-year JGB yield fell 3 basis points (bps) to 0.655% as of 0415 GMT, and was earlier down as low as 0.625%.
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