
Japanese Bond Yields Trim Recent Gains With Late Drop on Friday
After a week of rapid increases, yields on Japan's 30- and 40-year government bonds dropped more than 10 basis points in late trading on Friday.
The 30-year yield extended a fall in the evening session in Tokyo trade to 3.055%, down 11.5 basis points on the day, after setting a record high earlier in the week. The 40-year yield dropped 13.5 basis points 3.540%.
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