JGB Yields Rise as Market Focuses on This Week's Economic Data

BlockBeats News, December 3rd: The yield of Japanese government bonds rose as the market continues to expect a recent rate hike by the Bank of Japan. The Bank of Japan's Policy Board is scheduled to meet on December 18th and 19th to make the final interest rate decision of the year. To gauge economic strength, investors will pay close attention to economic indicators, including household spending data to be released on Friday. The 2-year Japanese government bond yield rose by 1 basis point to 1.015%, while the 10-year yield rose by 2 basis points to 1.875%. (Forex Live)