0010 GMT - JGBs rise in price terms in the early Tokyo session amid falling crude oil prices that could ease inflationary pressures in Japan. The decline in oil prices comes amid hopes of a U.S.-Iran deal to reopen the Strait of Hormuz, a waterway through which one-fifth of the world's oil is typically transported. Signs of cooling inflation in Japan might prompt the Bank of Japan to hold off on raising interest rates at its June meeting. The 10-year JGB yield is down 3 bps at 2.730%. Bond yields move inversely to prices. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 24, 2026 20:10 ET (00:10 GMT)
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