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Markets

JGB yields rise on weak demand for 2-year notes, firmer US bond yields

  • The 30-year JGB yield rose one basis point to 0.640%.
Published March 30, 2021 Updated March 30, 2021 12:50pm
By

TOKYO: Japanese government bond yields rose on Tuesday as an auction for two-year notes witnessed weak demand, and yields on US Treasury five-year notes hit a one-year high.

The 10-year JGB yield rose 1.5 basis points to 0.080%, while the 20-year JGB yield rose one basis point to 0.455%.

The 30-year JGB yield rose one basis point to 0.640%.

The two-year JGB yield was flat at minus 0.140%, while the five-year yield rose 0.5 basis point to minus 0.100%.

The 40-year JGB yield rose 1.5 basis points to 0.685%.

Benchmark 10-year JGB futures fell 0.20 point to 151.27, with a trading volume of 12,224 lots.

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