Mumbai, Dec. 9 -- Japanese government bond (JGB) yields stayed elevated amid generally supported economic cues. Yield held near multi-year highs on expectations that the Bank of Japan will raise interest rates at its meeting to be held on December 19. Expectations picked up after BOJ Governor Kazuo Ueda hinted at tightening monetary policy, pushing yields higher across long term maturities. The benchmark 10-year bond yield currently lingers at 1.96%. It stood at 1.70% around one month ago.

Published by HT Digital Content Services with permission from Capital Market....