TOKYO: Japanese government bond prices slipped on Monday, tracking falls in U.S. Treasury prices, and as a rise in Tokyo equities reduced the safe-haven appeal of debt.
The benchmark 10-year JGB yield rose two basis points to minus 0.035 percent.
The 20-year yield also climbed two basis points, to 0.370 percent, while the 30-year yield gained 2.5 basis point to 0.540 percent.
Ten-year JGB futures dipped 0.20 point to 152.64, hovering close to a more than five-week low, with a trading volume of 20,533 lots by late afternoon trade.
Japan's benchmark Nikkei share average and the broader Topix both touched four-month highs on Monday, boosted by a surge in global equities and a weaker yen.
U.S. Treasury yields rose to three-week highs on Friday as investors put money into riskier assets on easing concerns about global economic growth.
Comments
Comments are closed for this article.