Japanese Government Bond (JGB) futures declined by 0.11 points in early trading on June 29, 2025, as investors reacted to recent Japanese economic data. Concurrently, the yield on the 10-year JGB increased by 1.5 basis points to 1.445%. In India, the 10-year benchmark government bond yield decreased slightly to 6.3010% from the previous close of 6.3134%. Meanwhile, in the United States, the 5-year Treasury yield has fallen by 55 basis points year-to-date, and the 5-year, 5-year forward breakeven inflation rate remains stable around 2.2% to 2.3%. Additionally, the S&P 500 equity risk premium is near a 23-year low at 2.37%. These movements reflect ongoing shifts in global fixed income markets and investor sentiment amid evolving economic conditions.