1623 GMT - BlackRock Investment Institute turns less negative on Japanese government bonds after 10-year yields recently rose to a 16-year high, it says in a note. The asset manager trims its underweight position in Japanese government bonds. It remains underweight, however, because it still sees room for Japanese government bonds yields to keep rising in a world of elevated debt levels and higher inflation. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
March 11, 2025 12:23 ET (16:23 GMT)
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