Economic news

JGBs little changed as investors look to Fed meeting

TOKYO, July 26 (Reuters) - Japanese government bond prices were little changed on Monday, as investors focused on the U.S. Federal Reserve’s policy meeting later this week for clues on when it would start tapering bond purchases.

Trading in Japanese bonds was limited, as the 10-year JGB yield was flat at 0.010%, near its 6-1/2-month low of 0.005% touched last week.

The 20-year JGB yield fell 0.5 basis point to 0.395%.

The 40-year JGB yield was flat at 0.735% ahead of Tuesday’s auction.

Benchmarks issues for other major tenors were untraded.

(Reporting by Tokyo Markets Team; Editing by Ramakrishnan M.)

Source: Reuters

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