Early Tuesday, the Japanese 10-year Government Bond Yield (JGB) reached 0.958%, the highest since May 2013.
Market reaction
The USD/JPY pair is trading at 149.30, up 0.14% on the day, as of writing.
(This story was corrected on October 31 at 07:33 GMT to say that the Japanese 10-year Government Bond yield reached the highest level since May 2013, not July 2013.)
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