TOKYO -- Government bond yields are climbing in Japan, and strategists forecast the trend will continue, as investors grow more confident about an interest rate hike by the Bank of Japan and Prime Minister Shigeru Ishiba's surprise resignation announcement on Sunday adds to political uncertainty weighing on the market.
While Washington's erratic trade policy had prompted the BOJ to pause rate hikes, the uncertainty has gradually receded. (Nikkei montage/Source photos by Getty Images and Satoko Kawasaki)
Trading Asia
Japan's government bond yields continue to face upward pressure
Expectations for BOJ rate hike and political uncertainty are pushing yields higher
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