JGB yields rise as investors weigh bets on BOJ moving away from negative rates

Japanese government bond (JGB) yields rose on Monday, tracking U.S. Treasury yields higher as investors weighed the chance that the Bank of Japan (BOJ) could exit from negative interest rates as early as January. The 10-year JGB yield was last at 0.5 basis point (bp) higher at 0.775%, after hitting Friday's near one-month high of 0.800% earlier in the session. JGB yields mirrored a rise in U.S. Treasury yields on Friday, after data showed that employers added more jobs than expected in November.