JGB yields track US peers higher ahead of bond auctions, US inflation data
Written by Black Hot Fire Network on November 27, 2023
By Brigid Riley
TOKYO, Nov 27 (Reuters) - Japanese government bond (JGB) yields rose on Monday, mirroring Treasury yields ahead of another U.S. inflation reading and two auctions for JGBs later in the week.
U.S. Treasury yields ticked up on Friday during a half-session after markets were closed the previous day for Thanksgiving. Recent optimism among investors that the Federal Reserve could begin cutting interest rates sooner than expected wavered as economic data continued to point to a resilient economy despite stickier inflation.
The benchmark 10-year U.S. Treasury yield . . .
