Deep Tide TechFlow News, on May 12, according to Jin Ten Data reports, Japanese government bond yields rose on Monday, as signs of progress in Sino-U.S. trade talks boosted investor risk appetite, leading to a sell-off of safe-haven assets. The yield on Japan's 10-year government bonds hit 1.4%, the highest since April 10, and was last reported at 1.38%, up 3 basis points from the previous trading day.
Katsutoshi Inadome, a senior strategist at Sumitomo Mitsui Trust Asset Management, said, "Investor risk appetite has been enhanced after seeing signs of progress in Sino-U.S. talks." "The market has yet to see progress in Japan-U.S. talks, but the fate of Sino-U.S. talks is crucial."