Japan’s 10-year government bond yield slipped below 3.1% on Friday, easing from 30-year highs and tracking a retreat in Treasury yields as concerns over France’s fiscal and political outlook boosted demand for safe-haven assets. Still, Japanese yields remained supported by strong economic data, with Tokyo’s core inflation rising 2.7% in September and exceeding the Bank of Japan’s 2% target for the first time in nine months. However, a summary of opinions from the central bank’s September meeting provided fewer hawkish signals than investors had expected. The summary indicated that policymakers had shifted their focus toward preventing inflation from overshooting the target, suggesting another rate hike could come this year, though it offered little guidance on the timing. Japanese bonds also remained under pressure from the government’s ambitious spending plans and deteriorating fiscal conditions.