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Japanese government bonds rebounded alongside U.S. Treasuries, with the benchmark 10-year yield falling 7 basis points to 2.685%.
Japanese government bonds rallied alongside US Treasuries, with the benchmark 10-year yield falling 7 basis points to 2.685%. US stocks faced a sell-off on Thursday, with the Nasdaq 100 posting its largest drop since 2020, triggering a cooling in global market risk appetite and boosting safe-haven demand, which in turn drove gains in both US Treasuries and Japanese government bonds.
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