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Japan's benchmark bond yields climb after weak auction results

Japan’s benchmark 10-year government bond yield rose on Tuesday after a weak auction, reversing earlier declines and heading for a one-month high, as concerns over Japan’s fiscal health and the central bank’s rate-hike path kept investors on edge. The 10-year JGB yield rose 3 basis points (bps) to 2.850%, after earlier slipping to 2.790%. Yields move inversely to bond prices. [...]