Japan’s 2-year bond yield jumps ahead of BOJ decision

TOKYO – Japan’s 2-year government bond yield jumped on Wednesday as the market awaited the Bank of Japan (BOJ) to conclude a policy meeting later in the day.

The 2-year JGB yield rose 4 basis points (bps) to 0.44%, its highest since April 2009.

(Reporting by Junko Fujita; Editing by Tom Hogue)