The long-term US Treasury bond yields are rising, as weakening demand for Japanese government bonds is affecting other markets.

The yield on long-term US Treasury bonds is rising, as the demand for Japan's 40-year government bonds auction is weak, leading to a sharp increase in Japan's long-term government bond yield, which in turn affects other markets. Analysts at Deutsche Bank's research department said, "Global yields have given back some of their gains in early trading today." Data from the London Stock Exchange Group shows that the yields on 10-year and 30-year US Treasury bonds both rose by 4 basis points, to 4.474% and 4.981% respectively.