1 Minute Read by Reuters Staff (Reuters) – TOKYO, July 7 (Reuters) – As the market saw solid results from the Bank of Japan’s asset buying operation, Japanese government bond yields fell on Wednesday, matching U.S. treasury yields. The yield on the 10-year JGB declined one basis point to 0.030 percent, while the yield on the 20-year JGB fell 0.5 basis point to 0.410 percent. The BOJ said it would acquire 450 billion yen ($4.07 billion) in one-to-three-year bonds, 425 billion yen in five-to-ten-year bonds, and 30 billion yen in floating rate bonds. Longer-term yields remained constant, with the 30-year JGB yield remaining stable at 0.670 percent and the 40-year JGB yield remaining unchanged at 0.740 percent. The yield on the two-year JGB remained unchanged at minus 0.115 percent. The five-year yield is now minus 0.115 percent, down 0.5 basis point. With a trading volume of 24,279 lots, benchmark 10-year JGB futures rose 0.19 point to 152.2. (1 dollar Equals 110.6500 yen) (The Tokyo markets team contributed reporting; Amy Caren Daniel edited the piece.)/n
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