Japanese government bond yields at the short end fell as a stronger yen reduced expectations of aggressive Bank of Japan rate hikes. The two-year yield dropped to 1.835%, while the five-year yield declined to 2.22%. Longer-term yields were mixed as investors weighed currency movements, fiscal spending and future BOJ policy.

Japans government bond yields rose on Monday as investors turned cautious ahead of the five-year JGB auction and reassessed expectations for further Bank of Japan rate hikes.…

Japan's five-year JGB auction logged a bid-to-cover ratio of 3.11, the weakest since February, as yen weakness and BOJ rate-hike fears weigh on