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Japan bond yields rise as Middle East war fans inflation woes

Japanese government bond yields climbed across the curve on Friday, driven by higher crude oil prices and a weaker yen, as the Middle East war strengthened inflation concerns. The benchmark 10-year JGB yield rose ‌6 basis points ⁠to ⁠2.240%. The yield on the 40-year JGB, Japan's longest tenor, rose 3 bps to 3.74%. [...]