Japan’s 10-year ​government bond yield hit a 29-year high on ‌Tuesday, despite a moderately firm auction, as the ​market awaited comments from U.S. ⁠Treasury Secretary Scott Bessent, who is visiting Tokyo. The 10-year JGB yield rose 2.5 basis points to 2.545%, its ‌highest since June 1997. The five-year JGB yield rose 2 bps to a ‌record high of 1.925%. The market weighed the ‌possibility ⁠of Bessent urging Japan to take ⁠measures to prevent a JGB selloff or renew his calls for speedier rate hikes by the Bank of Japan ​as a way ‌to support the yen [...]