1 Minute Read by Reuters Staff (Reuters) – TOKYO, July 1 (Reuters) – Japanese government bond (JGB) yields decreased on Thursday as a 10-year note auction drew strong interest. With a trade volume of 17,766 lots, the 10-year JGB yield declined 1.5 basis points to 0.040 percent, and benchmark 10-year JGB futures increased 0.12 point to 151.81. The government’s 10-year bond auction attracted offers totaling 3.54 times the bonds sold, which is greater than the previous auction’s bid-cover-ratio of 2.94. The yield on the 20-year JGB declined one basis point to 0.430 percent, while the yield on the 30-year JGB fell 0.5 basis point to 0.680 percent. The yield on the 40-year JGB decreased 0.5 basis points to 0.760 percent. The five-year yield is now minus 0.110 percent, down 0.5 basis point. The two-year JGB yield was flat at minus 0.115 percent on the short end. (The Tokyo markets team contributed to this report.)/n
Read MoreJGB yields fall after 10-year auction sees solid demand
2021-07-01T05:21:48-04:00July 1st, 2021|
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