TOKYO -- Yields on benchmark 10-year Japanese government bonds reached 1.125% on Monday, their highest level since July 2011, amid unexpectedly thin trading before bond auctions this week.
Bonds
Japan long-term bond yield hits 13-year high amid pre-auction lull
Rise may be a blip if high yield fuels buying, but supply-demand concerns persist
The Ministry of Finance will hold auctions for 10- and 30-year Japanese government bonds this week. (Photo by Akira Kodaka)
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