Japan bond yields have recovered

The central bank offered to buy 160 billion yen ($1.4 billion) of securities maturing in the 10-to-25 year zone at Friday’s regular operation, versus 180 billion yen previously. It also lowered purchases of debt maturing in more than 25 years to 40 billion yen, from 50 billion yen.

Move comes as global bond yields, including Japan’s, have recovered from lows seen earlier in the year, when concerns about world growth intensified. That’s owing to better-than-expected U.S. and Chinese economic data, rising prospects of a trade deal and the delay to Brexit -- all of which have boosted appetite for risk assets and dented the appeal of fixed-income securities.

Read more at Bloomberg