As interest rate hike expectations rise, Japan's two-year government bond auction attracts attention.

According to the Wise Finance APP, as investors' expectations of the Bank of Japan raising interest rates rise, the two-year government bond auction held in Japan on Thursday has attracted market attention. The market expects demand for this auction to remain steady. Data shows that the yield on two-year Japanese bonds is around 0.87%, only a few basis points lower than the highest level since 2008; the yield on five-year Japanese bonds is around 1.16%, also close to the level 17 years ago.