0017 GMT - JGB yields rise in the morning Tokyo session. Today's market is likely to be dominated by selling, say strategists at Mitsubishi UFJ Morgan Stanley Securities. This is because Treasury yields have risen compared with the close of trading before Japan's holidays, they say in a research report. Also, there's news that Treasury Secretary Bessent and Trade Representative Greer are scheduled to meet with Chinese officials, which could be perceived as a selling factor as a risk-on mood is spreading somewhat, the strategists add. The 10-year JGB yield is up 2bps at 1.280%. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 06, 2025 20:17 ET (00:17 GMT)
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