Japan 10-Year Yield Moves Away from 26-Year Peak
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Japan's 10-year bond yield moved away from a 26-month high, trading around 2% due to softer inflation in Tokyo. The BOJ may delay rate hikes as Tokyo's inflation hit a one-year low of 2% in December. Japan plans to reduce government bond sales in the next fiscal year, focusing on super-long-term debt, with total auction issuance falling ¥3.8 trillion to ¥168.5 trillion.
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