01192017Thu
Last update: Thu, 19 Jan 2017 05am

Asia

Markets - Fixed Income - Asia

Superlong JGB yields fall after BOJ increases buying operation TOKYO: Superlong Japanese government bond yields fell on Wednesday as prices rose after the Bank of Japan increased buying in that zone as part of its regular buying operations.A BOJ official said the increase was aimed at steering the JGB yield curve toward what the central band deems appropriate, and that the move took into account recent rapid rises in super-long yields and the possibility of further volatility.Under its current monetary policy framework of "yield curve control" unveiled in September, the BOJ aims to guide the 10-year JGB yield to around zero percent.The BOJ offered to buy 120 billion yen ($1.04 billion) of JGBs with over 25 years left to maturity. It also offered to buy 200 billion yen of JGBs with between 10 and 25 years left to maturity.Superlong JGB yields have risen to multi-month highs in recent sessions, tracking global yields higher. Yields on U.S. Treasuries have soared ...

Markets - Fixed Income - Asia

JGBs slip as market absorbs fresh supply of 5-year debt TOKYO: Japanese government bond prices slipped on Tuesday as the market absorbed a fresh supply of five-year debt.The benchmark 10-year yield was up half a basis point at 0.075 percent, not far from a 10-month peak of 0.080 percent marked the previous day when it accompanied a surge in U.S. Treasury yields.The five-year yield was up a basis point at minus 0.075 percent. The yield did manage to pull back from minus 0.070 percent after ...

Markets - Fixed Income - Asia

JGB yield curve slightly flatter, 30-year auction brings relief TOKYO: The Japanese government bond yield curve flattened a touch on Thursday on relief after an auction of 30-year debt managed to attract some demand after early indications had suggested a weaker outcome.The benchmark 10-year yield was up half a basis point at 0.035 percent, but off an earlier high of 0.040 percent. The 20-year yield was down 0.5 basis point at 0.500 percent.The 800 billion yen ($7.06 billion) 30-year auction results were not particularly ...

Markets - Fixed Income - Asia

JGBs slip on weak liquidity-enhancing sale, firmer Nikkei TOKYO: Japanese government bond prices slipped on Tuesday, with the benchmark yield climbing to a 10-month high, as a weak liquidity-enhancing auction and firmer Nikkei weighed on the market.The 10-year JGB yield was up 2 basis points at 0.045 percent after touching 0.050 percent, its highest since Feb. 18. JGB yields have climbed steadily over the past month, tracking the rise in global bond yields.The 30-year yield was 3.5 basis points higher at 0.620 percent.An auction by the finance ministry on Tuesday ...

Markets - Fixed Income - Asia

JGBs gain after Italy referendum spurs buying of safe assets TOKYO: Japanese government bond prices rose on Monday as investors sought safer assets after Italian Prime Minister Matteo Renzi said he would resign following a stinging defeat on constitutional reforms.The price of 10-year JGB futures rose 0.10 point to 150.58. The benchmark 10-year cash JGB yield dipped 0.5 basis point to 0.030 percent.The 20-year JGB yield fell 0.5 basis point to 0.470 percent  while the 30-year yield dropped 2.0 basis points to 0.575 percent.The market was also supported by a rebound in ...

Markets - Fixed Income - Asia

JGBs slip, taking cue from stronger stocks TOKYO: Japanese government bonds mostly slipped on Thursday, taking their cue from stronger stocks after OPEC agreed to cut crude output for the first time since 2008 to support oil prices.The oil output deal helped the Nikkei stock index  end at an 11-month high.The outcome of a sale of 10-year JGBs showed weaker demand than last month's sale, although the results were not as bad as some investors feared, and the benchmark yield came off its earlier highs.The 10-year yield rose ...

Markets - Fixed Income - Asia

JGBs edge down slightly; 10-year sale awaited TOKYO: Japanese government bonds edged down on Wednesday as investors positioned for the next session's 10-year sale.The 10-year yield rose 1 basis point (bp) to 0.020 percent , though it remained shy of a nine-month high of 0.045 percent struck on Friday.December 10-year JGB futures ended down 0.07 point at 150.56.The 20-year yield and the 30-year yield  both climbed 1 bp to 0.450 percent and 0.570 percent, respectively.November JGB trading was marked by upward pressure on yields, tracking U.S. Treasuries, whose prices ...