Japanese government bonds remained tad lower during late Asian session Tuesday as investors await the country’s industrial production for the month of April and the Bank of Japan’s (BoJ) monetary policy decision, scheduled to be unveiled by later this week.
The yield on the benchmark 10-year JGB note, which moves inversely to its price, traded 1/2 basis point higher at 0.04 percent, the yield on the long-term 30-year note rose 1 basis point higher at 0.73 percent and the yield on short-term 2-year hovered around -0.12 percent by 05:00 GMT.
The BoJ’s policymakers will debate this week whether structural factors may be behind recent disappointingly slow inflation, which could force them to cut the central bank's price forecasts at a quarterly review in July.
The central bank is not expected to changes policy settings. But it could look more closely at the role technology and innovation play in keeping price growth low after surprisingly weak inflation dashed hopes that record profits could nudge firms into hiking prices at the start of the current fiscal year in April, the Business Standard reported.
Meanwhile, the Nikkei 225 index traded 0.39 percent higher at 22,894.00 by 05:05 GMT, while at 05:00GMT, the FxWirePro's Hourly JPY Strength Index remained neutral at -160.36 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh
Fed Unveils Stablecoin Rules Under GENIUS Act
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue
Asian Currencies Mixed as Dollar Holds Near Two-Month High 



