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Super-Long JGB Yields Gain as Sino-U.S. Trade Alliance Nears

Yields on super-long Japanese government bonds advanced on Friday as traders trusted a fundamental exchange accord between Washington and Beijing will diminish the danger of protectionism and improve the worldwide monetary standpoint.

japanPhoto: Flickr

Regardless of the geopolitical choppiness, good faith developed as the Jan. 15 dates for marking the China-U.S. economic agreement approaches.

Yet, yields on 10-year government bonds were unaltered as certain dealers abstained from taking large situations before the arrival of U.S. non-farm payroll information later on Friday, which could highly affect the fixed-income advertise.

Benchmark 10-year Japanese government bonds futures gained 0.01 points to 152.08, with an exchanging volume of 14,626 lots.

The 10-year Japanese government bond yield was unchanged at minus 0.005 percent.

The 20-year Japanese government bonds yield gained 0.5 bp to 0.290 percent.

The 30-year Japanese government bonds yield edged 1 bp higher to 0.440 percent, while the 40-year JGB yield propelled 1 bp to 0.475 percent.

The 5-year yield was unchanged at minus 0.115 percent.

The 2-year Japanese government bonds yield tumbled 0.5 bp to minus 0.140 percent.

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