0017 GMT - JGBs edge lower in the morning Tokyo session, tracking overnight price declines in U.S. Treasurys. The move follows U.S. June CPI data, which matched expectations but showed potential signs of tariffs' pass-through. The fall in Treasury prices and weakening of the yen on Tuesday are likely to be viewed as selling factors by market participants, Mitsubishi UFJ Morgan Stanley Securities' fixed income strategists say in a commentary. Yen weakness typically boosts Japan's import prices, which could increase the probability of rate hikes by the Bank of Japan. The 10-year JGB yield is up 0.5bp at 1.590%. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
July 15, 2025 20:17 ET (00:17 GMT)
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