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Global Markets: Bond yields hit multi-month highs on BOJ tweak, heavy supply

Reuters  |  LONDON 

By Ritvik CarvalhoLONDON (Reuters) - Major government bond yields hit multi-month highs on Wednesday on heavy supply and as investors reevaluated the likelihood of continued easy-money policies by the world's major central banks.Speculation the Bank of Japan could start to withdraw its stimulus this year after it trimmed bond purchases this week put upward pressure on bond yields across the board and sent the yen to its highest level against the dollar in over a month. The 10-year U.S. Treasury yield hit 2.57 percent for the first time since March last year. That has caused the 2-10-year U.S. ...

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First Published: Wed, January 10 2018. 15:19 IST