0456 GMT - JGB yields rise further in the Tokyo afternoon session amid prospects for more Bank of Japan rate increases following Japanese wage data released earlier. The data suggest Japan's underlying base pay growth is poised to quicken, two members of JPMorgan's Economic and Policy Research say in a note. "The solid base pay growth in January suggests that inflationary pressure will remain high, and we expect this trend to continue as wage growth remains robust," the members say. Last week, BOJ Deputy Governor Uchida reiterated the central bank will pursue more rate increases as long as the economy continues to improve and inflation rises in tandem with wage increases. The 10-year JGB yield is up 5 bps at 1.570%, its highest intraday level since October 2008. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 10, 2025 00:56 ET (04:56 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。