JGB yields rebound as fears of wider Iran-Israel conflict ebb – Markets

TOKYO: Japanese government bond (JGB) yields rose on Monday as fears of further escalation in the Middle East conflict eased, with Iran playing down an apparent Israeli drone attack within its borders last week and indicating it had no plans for retaliation.

The response appeared gauged towards averting region-wide war, and JGB yields, which fell sharply across the curve as bonds rallied on…