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The yield on Japanese government bonds rose on Monday as signs of progress in US-China trade talks boosted investors' risk appetite and led to selling of safe-haven assets. The yield on Japan's 10-year government bonds touched 1.4%, the highest since April 10, and was up 3 basis points to 1.38% compared to the previous trading day. Katsutoshi Inadome, senior strategist at Sumitomo Mitsui Trust Asset Management, said, "Investors' risk appetite has improved after seeing signs of progress in the US-China trade talks. The market has yet to see progress in US-Japan talks, but the fate of the US-China talks is important."
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