日本两年期国债收益率飙升至2008年以来最高，市场静候央行利率决议

Group 1 - Japanese two-year government bond prices have fallen, pushing yields to the highest level since 2008, following the trend of U.S. Treasuries ahead of the Bank of Japan's policy meeting [1] - The two-year yield rose by 0.5 basis points to 0.885%, influenced by U.S. employment data that raised doubts about further rate cuts by the Federal Reserve this year [1] - Chief strategist Kazuhiko Sano from Tokai Tokyo Securities indicated that the sell-off may also stem from traders betting on a hawkish stance ahead of the press conference by Bank of Japan Governor Kazuo Ueda, despite expectations of a cautious approach [1] Group 2 - The yield increase occurred just before the Bank of Japan's policy meeting, with expectations that the central bank will maintain interest rates, while focusing on clues regarding potential actions in September or December [3] - Both short-term and long-term yields have risen due to heightened inflation concerns, as the Japanese government faces pressure to increase spending and reduce taxes [3] - Despite political risks from tariff policy uncertainties and Prime Minister Shigeru Ishiba's resignation announcement, insiders suggest that the Bank of Japan officials believe there may still be a possibility of raising the benchmark rate again this year [3]