0033 GMT - Super-long-dated JGB yields climb in the morning Tokyo session after Bank of Japan Gov. Ueda's remarks earlier. Ueda said that it's natural for long-term yields to move in line with expectations for short-term rates. He also said that the recent rise in yields reflects markets' perception of Japan's economy and prices and that long-term bond yields should be formed freely in the markets. The 20-year JGB yield climbs 5bps to 2.320%, the highest intraday level since June 2008; the 40-year yield climbs 5bps to 2.930%. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 11, 2025 20:33 ET (00:33 GMT)
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