Economic news

JGB Rates Slip on China Measures to Refrain Virus Influence

Rates for most Japanese government bonds skidded on Tuesday as equities and other unsafe resources gave indications adjustment after a sharp auction in the past session on stresses over the episode of another coronavirus in China.

japanPhoto: Flickr

Asian shares ricocheted on Tuesday with Chinese markets turning around a portion of their past dive amid authentic endeavors to quiet infection fears.

China's national bank has overflowed the economy with money while slicing some key lending rates, yet the passing and contamination rates are as yet increasing and experts presume more should be done to balance the financial aftermath from the infection.

Benchmark 10-year Japanese government bond futures dropped 0.06 point to 152.87, with an exchanging volume of 21,059 lots.

The 10-year Japanese government bond yield gained 0.5 bp to minus 0.060 percent, while the 20-year Japanese government bond yield added 0.5 bp to 0.245 percent.

The 30-year Japanese government bond yield was unchanged at 0.380 percent.

The 5-year yield advanced by 1.5 bps to minus 0.160 percent.

At the short end of the yield curve, the 2-year Japanese government bond yield gained 1 bp to minus 0.155 percent.

Source: Reuters


To leave a comment you must or Join us


More news


Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree