Japanese government bond yields rose on Thursday, with the benchmark 10-year yield hitting a 29-year high, as reports of U.S. military action to end Iran stalemate drove oil to a four-year high and fuelled inflation concerns. The benchmark 10-year JGB yield rose 6.5 basis points to 2.525%, ‌the highest since ⁠June ⁠1997. The five-year yield rose 5 bps to a record high of 1.905%. [...]