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Bond yields jump, dragging stock futures lower

Japanese 10-year yields rose to their highest level in three decades, a move that weighed on risk sentiment and pushed stock futures down.

Reported · Written up by our desk · Indices

Bond yields surged as Japanese government rates climbed, with the Japanese 10-year yield reaching its highest level in three decades, according to WSJ Markets.

The increase in yields coincided with a drop in US stock futures, signaling softer sentiment heading into the trading day.

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