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Japan's long-term yields continue to trend higher

US Treasurys putting upward pressure on JGBs

TOKYO -- Interest rates on long-dated Japanese government bonds remain in an uptrend, mirroring the direction of their American counterparts since Donald Trump's presidential win.

Newly issued 10-year JGBs traded at a yield of 0.08% on Tuesday -- a level on a par with the roughly 10-month high recorded the day before. Five-year debt spiked to a level not seen in around a month.

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