TOKYO: Japanese government bond (JGB) yields rose on Thursday, tracking US Treasury yields higher after the Federal Reserve raised interest rates as expected.
The 10-year JGB yield rose 0.5 basis point to 0.205%.
The US central bank raised interest rates by a quarter of a percentage point and flagged that it would act aggressively to curb inflation which is the highest in 40 years. There were no major market moving cues in the Japanese market.
The 20-year JGB yield fell 0.5 basis point to 0.675% and the 30-year JGB yield was flat at 0.895%.
The 40-year JGB yield fell 0.5 basis point to 0.920%.
The two-year JGBs did not trade and the yield remained at minus 0.030%. The five-year yield was flat at 0.030%.
Benchmark 10-year JGB futures fell 0.02 point to 150.06, with a trading volume of 13,420 lots.
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