Sumitomo Mitsui Financial Group is trading at $28.59, up 7.45% in pre-market as Japanese yields lift bank shares. - Japan’s 10-year government bond yield was ne

Sumitomo Mitsui Financial Group is trading at $28.59, up 7.45% in pre-market as Japanese yields lift bank shares. - Japan’s 10-year government bond yield was near 3.095%; reports linked the rise to stronger inflation and expectations of further Bank of Japan tightening. - Higher yields can support b…