BOJ Meeting Looms as Japan Bond Yield Holds Steady at 2.77%
Japan's 10-year government bond yield held steady around 2.77% on Tuesday as investors waited for the Bank of Japan's policy meeting this week.
The central bank is widely expected to leave interest rates unchanged, but policymakers may keep the door open for additional rate hikes to combat inflation and curb the yen's decline.
President Donald Trump said the US was engaged in 'good talks' with Iran aimed at ending the Middle East conflict, which sent oil prices lower and eased concerns over inflation and tighter monetary policy.