Japan’s 10-year government bond yield climbed to around 2.73% on Friday, rising for a second consecutive session as oil prices surged this week amid the escalating conflict between the US and Iran, effectively unraveling the interim peace agreement. With Japan heavily dependent on energy imports from the Middle East, the country remains especially vulnerable to supply disruptions. The benchmark yield also hovered near its highest level in 30 years amid growing concerns over Japan’s fiscal expansion plans and persistent inflationary pressures. The government recently unveiled a draft roadmap outlining more than