Mumbai, Aug. 5 -- Japanese government bond yields are falling amid similar cues from the US yields. On Monday, Japan's benchmark yields down by the most in more than three months, as concerns over the economic cost of a global trade war boosted demand for safer assets. A further slide was noted today as Japan's 10-year government bond yield declined to around 1.47%, marking a one-month low as US Treasury yields fell to three-month low amid growing expectations for Federal Reserve rate cuts in response to tepid nonfarm payrolls data and worries posed by the elevated tariffs slapped by the US on its trading partners.
Published by HT Digital Content Services with permission from Capital Market....
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