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Japan’s 10-year government bond yield rose 6.5 basis points to 2.755%, extending pressure in the Japanese sovereign debt market. The move highlights renewed selling in longer-dated JGBs and a steeper yield backdrop as investors reassess rate expectations. The benchmark yield is closely watched as a gauge of global duration risk and funding conditions. Next, markets will focus on whether the rise extends further and whether it spills over into other major bond markets.

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10-Year Japanese Government Bond