Japan's 10-year bond yield reverses course to fall on portfolio rebalancing need

Japanese government bond yields dipped on Friday as investors adjusted portfolios following a significant surge in the nation's stock market. The benchmark 10-year yield saw a notable decrease, even as inflation in Tokyo accelerated, suggesting the central bank might consider further rate hikes. This shift indicates a strategic move by investors to rebalance their holdings at the quarter's end, prioritizing stability after equity market gains.