Japanese bond yields rise on yen weakness, fiscal worries

Japanese 10-year government bond yield rose 3.5 basis points to 2.715 percent, the highest since June, with 20-year yields touching 3.675 percent amid yen weakness and fiscal worries. The yen slid to 162.59 per dollar, its weakest since 1986, fuelling intervention speculation. Rising U.S. Treasury yields following strong job openings data and uncertainty over a supplementary budget under PM Takaichi are likely to keep long-end JGB yields elevated into autumn.