JGB yields fall after successful 20-year bond auction

TOKYO: Yields on Japanese government bonds fell on Tuesday after a successful auction of 20-year debt eased concerns about weak investor demand.

Benchmark 10-year JGB futures rose 0.06 point to 152.43, with a trading volume of 13,635 lots.

The 10-year JGB yield fell 1 basis point to 0.010pc.

The 20-year JGB yield fell 1.5 basis points to 0.400pc.

Demand for 20-year government debt auctioned by Japan's finance ministry was healthy, analysts said.

The 30-year JGB yield fell 1 basis point to 0.585pc.

At the middle of the yield curve, the five-year yield fell 0.5 basis point to minus 0.125pc.

At the short end, the two-year JGB yield was flat at minus 0.145pc.