TOKYO, Feb 17 (Reuters) – Yields on benchmark 10-year Japanese government bonds rose to their highest level in almost a year, as global bond yields soared on hopes of a large U.S. fiscal stimulus package and rising inflation expectations.<\/p>\n
The 10-year JGB yield rose two basis points to 0.095%, the highest since March.<\/p>\n
Yields for bonds with other maturities also rose, with the 20-year JGB yield gaining one basis point to 0.485% and the 30-year JGB yield up one basis point to 0.685%.<\/p>\n
The two-year JGB yield also rose one basis point to minus 0.120%.<\/p>\n
The five-year yield rose two basis points to minus 0.080%.<\/p>\n
The 40-year JGB yield rose one basis point to 0.725%.<\/p>\n
Benchmark 10-year JGB futures fell 0.28 point to 151.23, with a trading volume of 40,968 lots.<\/p>\n
Benchmark 10-year U.S. Treasury yields rose to their highest since Feb. 27 last year during Asia trading hours.<\/p>\n