JGB yields rise on higher US Treasuries, BOJ policy worries

Japanese government bond (JGB) yields rose on Tuesday, with the 10-year JGB yield hovering at a decade high, as U.S. Treasury yields hit fresh peaks and investors continued to assess the possibility of near-term policy adjustments by the Bank of Japan (BOJ). The benchmark 10-year U.S. Treasury yield added to three straight weeks of gains overnight and touched a multi-year peak of 4.556% during Asian hours. The 10-year JGB yield rose 2 basis points (bps) to 0.745%, its highest since September 2013, after falling as low as 0.725% the day before.