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Asia

Markets - Fixed Income - Asia

JGBs edge down, yields pull away from lows TOKYO: Japanese government bonds edged down on Thursday, with yields pulling away from this week's record lows as investors adjusted their positions on the last day of the month.The 10-year yield added 1 basis point to minus 0.230 percent , after notching a record low of minus 0.240 percent in the previous session.September 10-year futures edged down 0.03 point to 152.95 after scaling a record high of 153.01 on Wednesday.The 20-year JGB yield added 2 basis points to 0.065 percent , while the 30-year JGB yield rose 2.5 basis points to 0.110 percent. Yields in those maturities had touched record lows of 0.040 percent and 0.050 percent respectively, on Tuesday.Later on Thursday, the Bank of Japan is scheduled to release the details of its planned JGB purchase for next month, under its asset buying operations.Earlier in the session, data showed that Japan's industrial output fell in May at the fastest ...

Markets - Fixed Income - Asia

JGB 10-year yield hits fresh record low, others mixed TOKYO: Yields on Japan's benchmark 10-year government bonds (JGBs) briefly hit a fresh record low on Wednesday as investors looked to safer assets amid uncertainty about the global and financial fallout from Britain's vote to leave the European Union. The 10-year yield was down half a basis points to minus 0.235 percent by mid-afternoon, after earlier plumbing a record low of minus 0.240 percent.September 10-year futures ended up 0.09 point at 152.98 after earlier rising ...

Markets - Fixed Income - Asia

China sells 3-year yuan bonds at 2.9pc in Hong Kong HONG KONG: China sold 14 billion yuan ($2.1 billion) of yuan-denominated offshore bonds in Hong Kong on Wednesday, the eighth consecutive year the Ministry of Finance (MOF) has tapped the market to encourage its development. Bonds of various tenors were offered, among which the largest amount sold was 7 billion yuan of three-year bonds at 2.9 percent, according to the Hong Kong Monetary Authority.The five-year, seven-year, 10-year and 20-year tenors were priced at 3.25 percent, ...

Markets - Fixed Income - Asia

JGBs yield curve flattens on Brexit, long yields hit record lows TOKYO: Long-dated Japanese government bond yields fell to record lows while shorter yields were flat to slightly higher on Monday, as Britain's decision to leave the European Union led to expectations of more global economic stagnation.The 20-year JGB yield fell 3.0 basis points to 0.080 percent , having fallen 83.5 basis points since the BOJ adopted negative rates in late January.The 30-year yield also fell to a record low of 0.110 percent, having fallen more ...

Markets - Fixed Income - Asia

JGBs mixed ahead of Brexit vote, underpinned by 20-year sale TOKYO: Japanese government bonds were mixed on Thursday, with prices of longer maturities lifted by solid results of a 20-year auction. Trading was cautious as British voters prepared to cast their ballots later in the session in a closely divided referendum on whether to leave or remain in the European Union, with the latest polls suggesting it might opt to stay.The Bank of Japan may need to ease monetary policy if the British referendum outcome ...

Markets - Fixed Income - Asia

JGBs mostly edge up, underpinned by BOJ purchases TOKYO: Japanese government bonds mostly edged up on Wednesday, underpinned by Bank of Japan buying as well as wariness on the eve of Britain's vote on whether to remain in the European Union. Latest opinion polls have mostly shown a shift towards keeping Britain in the EU, while there are signs that momentum has stalled for the 'In' camp and the vote still looks too close to call.Japan's central bank offered to buy a total ...

Markets - Fixed Income - Asia

JGBs edge down as risk aversion continues to fade TOKYO: Japanese government bond prices edged down on Tuesday amid an ebb in risk aversion that favoured equities over safe-haven debt.The benchmark 10-year JGB yield rose half a basis point to 0.145 percent, putting further distance between a record low of minus 0.210 percent last week. The 20-year yield also rose half a basis point, to 0.195 percent.Government bonds like JGBs, German bunds and US Treasuries rallied earlier this month as Brexit worries gripped global ...