Japan 10-Year Yield Climbs to 1.515% as JGBs Sell Off

Japanese government bond yields rose across the curve on Wednesday, adding to recent upward pressure in the country’s fixed-income market. The benchmark 10-year yield climbed 1.5 basis points to 1.515%, while the 5-year yield advanced by the same margin to 1.055%. The 2-year yield increased 1 basis point to 0.78%.