TOKYO May 23 Japan's top government spokesman
said on Thursday that it was natural for government bond yields
to rise on the back of gains by Tokyo stocks and that he fully
trusts the central bank's response to market moves.
"I expect that the Bank of Japan will appropriately deal
with it," Chief Cabinet Secretary Yoshihide Suga told reporters
at a regular news conference.
The 10-year Japanese government bond cash bond yield rose as
high as 1.000 percent on Thursday, its highest in
more than a year, after Federal Reserve Chairman Ben Bernanke
hinted that the U.S. central bank might slow its bond purchases
later this year if the U.S. economy improves further.