Japanese government bond yields received temporary relief after U.S. Treasury intervention, but analysts warn the 10-year JGB yield could surpass 3%. Persistent inflation, a weak yen, expansive fiscal policy, rising oil prices and expectations of Bank of Japan tightening continue to pressure Japanese debt markets, keeping borrowing costs elevated.

JGB yield curve flattens as US Treasury yields rise. Fed pause in next three meetings at 73.5% YES.

Japanese government bonds rallied on Thursday as a US Treasury move to boost liquidity support for longer-dated debt eased pressure across global bond markets. Long-term JGB…