Japan benchmark bond yields rise ahead of BOJ and Fed decisions.
Context
What happened: Japan's 10-year government bond yield rose Monday from a two-month low, Reuters reported, as investors approached Bank of Japan and Federal Reserve policy decisions this week.
Key numbers: 10-year yield up 1.5 basis points to 2.810%; two-year up 2.5 basis points to 1.885%; five-year up three basis points to 2.250%. BOJ meets Oct.
Why it matters: Reuters reported the BOJ was expected to leave rates unchanged this week, while analysts polled by Reuters saw a possible increase to 1.5% in December. A Reuters poll found 94 of 100 economists expected no Fed change this week.