JGBs mostly steady in subdued trading ahead of weekend
- Benchmark 10-year JGB futures dropped 0.05 point to 152.07, with a trading volume of 11,553 lots, while the key 10-year cash bond yield stood flat at 0.010pc.
Most Japanese government bond (JGB) prices were little changed in thin trade on Friday, as many investors stayed away from taking big positions ahead of the weekend.
Benchmark 10-year JGB futures dropped 0.05 point to 152.07, with a trading volume of 11,553 lots, while the key 10-year cash bond yield stood flat at 0.010pc.
The 30-year cash debt yield also was steady at 0.560pc, while the 20-year yield eased half a basis point to 0.385pc and the 40-year yield gained one basis point to 0.590pc.
At the shorter end of the market, the two-year and the five-year yields added half a basis point each to minus 0.165pc and minus 0.110pc, respectively.
Market participants said the trade was range-bound and directionless, with no clear cues on either direction.
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