Global Market: Japanese bond yields mixed as BOJ rate-hike expectations and inflation concerns shape sentiment
Japanese government bond yields saw mixed trading as investors weighed the Bank of Japan's potential interest rate hike against global inflation worries. Governor Ueda's hawkish remarks fueled expectations of a rate increase in June, signaling a shift towards tighter monetary policy. Meanwhile, rising oil prices due to geopolitical tensions kept inflation concerns high globally, impacting debt markets.