JGBs fall in the early Tokyo session, tracking overnight price declines in U.S. Treasurys. Both JGBs and Treasurys tend to move in tandem, reflecting global bond market pressures.\n\nJGB prices could also be weighed by the ongoing rise in crude oil prices and by recent yen weakness, both of which typically lead to higher inflation in Japan and could prompt the BOJ to raise rates at a quicker pace.\n\nNomura’s FX Research analysts say the BOJ is reportedly open to faster rate hikes amid growing concern over upside inflation risks. Into next week’s BOJ meeting, market focus centers on Governor Ueda’s tone and any comments from government officials following the media report.\n\nThe 10-year JGB yield rises 2 bps to 2.755%.