TOKYO, April 3 (Reuters) - Japan's 10-year government
bond yield fell sharply on safe-haven bets amid worries that
U.S. President Donald Trump's bigger-than-expected wall of
tariffs would dampen the global economy.
The 10-year JGB yield fell 13 basis points
(bps) to 1.34%, its lowest level since February 26 and its
biggest drop since August 5, when bond and stock markets were
hit with their biggest swing since the 1987 Black Monday crash.
Trump said on Wednesday he would impose a 10% baseline
tariff on all imports to the U.S. and higher duties on dozens of
other countries.
Bonds with other maturities have not been traded as of 0005
GMT.