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The Japanese government bond (JGB) yield rose to its highest level in a year on Thursday on fears the central bank may be moving closer to the unwinding of its stimulus program.  

The 10-year JGB yield rose to 0.10 percent – the highest level July 2017 and was last seen at 0.095 percent.  

Speculations have been doing the rounds since last week that BOJ might make adjustments to the policy to make it more sustainable and the uptick in the bond yields indicate the investors are likely expecting the central bank to trim its bond purchase program.