Japanese bond yields falling to multiweek lows ahead of BOJ meeting signals macro catalyst.
Context
What happened: Japanese government bond yields fell to multiweek lows on Thursday as geopolitical tensions and inflation concerns boosted safe-haven demand, with investors awaiting the Bank of Japan's policy meeting.
Key numbers: 10-year yield dropped to 2.88%.
Why it matters: Markets are weighing potential rate hikes and global economic uncertainties ahead of the BOJ meeting.
What changed
Japanese government bond yields fell to multiweek lows on Thursday as geopolitical tensions and inflation concerns boosted safe-haven demand, with investors awaiting the Bank of Japan's policy meeting.