Japanese bond yields rose as the market focused on this week's economic data.
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Japanese government bond yields have risen due to ongoing market expectations of a recent interest rate hike by the Bank of Japan. The Bank of Japan's Policy Board is scheduled to hold a meeting from December 18 to 19 to make the final interest rate decision of the year. To gauge economic strength, investors will focus on economic indicators, including household spending data to be released on Friday. The 2-year Japanese government bond yield rose 1 basis point to 1.015%, and the 10-year yield rose 2 basis points to 1.875%.
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