Japan's five-year bond yield hits fresh high as Mideast conflict fuels inflation fears
FINANCEThe five-year yield rose 3 basis points to 1.770 percent, while the benchmark 10-year JGB yield rose 3 bps to 2.300 percent.
The two-year yield, which is most sensitive to Bank of Japan policy rates and touched a nearly three-decade high on Thursday, advanced 1.5 bps to 1.35 percent.
Japan remains highly exposed to spikes in crude oil prices due to its heavy reliance on imported energy.
Source: The Standard
https://www.thestandard.com.hk/finance/article/327864/
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