Japan's 10-year bond yield falls on bets of BOJ's slower pace of rate hikes
Japan's 10-year government bond yield fell on Monday as investors speculated on the BOJ's slower rate hike plans, with the 10-year JGB yield slipping to 0.925% from 0.915%. BOJ announced plans to trim bond purchases and reduce its $5 trillion balance sheet in July. Market expectation is for the BOJ to raise rates in October.
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