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JGB yields track German peers to fresh 16-year peaks

ReutersMar 7, 2025 1:35 AM

TOKYO, March 7 (Reuters) - Japanese government bond yields extended their climb to fresh 16-year highs on Friday, tracking soaring German bund yields on Berlin's plans for a massive spending package.

The 10-year JGB yield JP10YTN=JBTC rose 1 basis point (bp) to 1.525% and earlier touched 1.53%, the highest level since June 2009.

The 20-year yield JP20YTN=JBTC added 2 bps to 2.22%, a level not seen since October 2008.

Most other tenors had yet to trade, as of 0034 GMT.

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