JGBs Edge Lower, Weighed by Signs of Faster Inflation in Japan
0015 GMT — JGBs edge lower in price terms in early Tokyo trade, weighed by signs of faster inflation in Japan. Data released earlier showed consumer prices excluding volatile fresh food rose 3.5% in April from a year earlier, compared with March's 3.2% increase and 3.4% growth expected in a poll of economists by data provider Quick. 'Underlying inflation remained strong in April despite the slashing of public high school fees,' Capital Economics' Marcel Thieliant says in a commentary. 'We still expect the Bank of Japan to tighten policy further this year,' the head of Asia-Pacific adds. The five-year JGB yield is up 0.5 bp at 1.035%; the 10-year yield is up 0.5 bp at 1.565%. (ronnie.harui@wsj.com)

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