Longer-dated Japanese government bond yields ticked up for a second straight session on Monday as a rise in local inflation emboldened investors to bet on a policy shift at the Bank of Japan. The 20-year JGB yield rose 0.5 basis point (bps) to 1.095% as of 0530 GMT, while the 30-year yield rose by the same margin to 1.485%. On Friday as of this time, the 20- and 30-year yields were up 3 bps each after Tokyo’s core consumer price index (CPI) gained 3.6% from a year earlier in the first part of this month, putting pressure on the BOJ, which has been an outlier among global central banks by sticking with monetary ... (full story)