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Long-term JGB Rates Gain After Strong 20-year Sell-off

Rates for longer-dated Japanese government bonds added on Thursday after a fruitful sell-off of 20-year bonds facilitated worries about market interest.

japanPhoto: Flickr

Bond rates at the middle and short end of the yield curve were to a great extent unaltered, as traders delayed surveying dangers to worldwide development presented by the drawn-out Sino-U.S. exchange row and Brexit.

Benchmark 10-year Japanese government bonds futures tumbled 0.02 point to 154.12, with an exchanging volume of 11,693 lots.

The 10-year Japanese government bond yield was unchanged at minus 0.140 percent.

The 20-year Japanese government bonds yield dropped 0.5 bp to 0.245 percent. The finance ministry sold 20-year debt before Thursday that essential vendors invited with solid interest, which upheld rates for cash bonds.

The 30-year Japanese government bonds yield dropped 1 bp to 0.400 percent.

The five-year yield advanced by 0.5 bp to minus 0.270 percent.

At the short end of the yield curve, the two-year JGB yield was unchanged at minus 0.250 percent.


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