AIRLINK 175.65 Decreased By ▼ -1.91 (-1.08%)
BOP 11.01 Decreased By ▼ -0.04 (-0.36%)
CNERGY 8.33 Increased By ▲ 0.16 (1.96%)
FCCL 47.10 Decreased By ▼ -0.22 (-0.46%)
FFL 16.02 Decreased By ▼ -0.10 (-0.62%)
FLYNG 27.02 Decreased By ▼ -0.33 (-1.21%)
HUBC 142.45 Decreased By ▼ -4.46 (-3.04%)
HUMNL 13.37 Decreased By ▼ -0.14 (-1.04%)
KEL 4.45 Decreased By ▼ -0.05 (-1.11%)
KOSM 5.91 No Change ▼ 0.00 (0%)
MLCF 61.50 Decreased By ▼ -0.52 (-0.84%)
OGDC 226.31 Decreased By ▼ -8.37 (-3.57%)
PACE 5.80 No Change ▼ 0.00 (0%)
PAEL 44.79 Decreased By ▼ -1.62 (-3.49%)
PIAHCLA 17.93 Decreased By ▼ -0.19 (-1.05%)
PIBTL 10.45 Decreased By ▼ -0.12 (-1.14%)
POWER 12.10 Increased By ▲ 0.11 (0.92%)
PPL 185.99 Decreased By ▼ -5.81 (-3.03%)
PRL 37.25 Decreased By ▼ -0.07 (-0.19%)
PTC 24.14 Increased By ▲ 0.94 (4.05%)
SEARL 99.95 Decreased By ▼ -0.94 (-0.93%)
SSGC 38.40 Decreased By ▼ -1.31 (-3.3%)
SYM 14.89 Decreased By ▼ -0.14 (-0.93%)
TELE 7.75 Decreased By ▼ -0.09 (-1.15%)
TPLP 11.10 Decreased By ▼ -0.01 (-0.09%)
TRG 66.00 Decreased By ▼ -1.29 (-1.92%)
WAVESAPP 11.00 Decreased By ▼ -0.35 (-3.08%)
WTL 1.36 No Change ▼ 0.00 (0%)
YOUW 3.82 Increased By ▲ 0.05 (1.33%)
BR100 12,826 Increased By 19.4 (0.15%)
BR30 38,861 Decreased By -842.2 (-2.12%)
KSE100 118,792 Decreased By -146.5 (-0.12%)
KSE30 36,779 Increased By 22.6 (0.06%)

TOKYO: Japanese government bond (JGB) yields fell on Tuesday, tracking US Treasury yields which slipped after President Donald Trump did not impose tariffs on his first day in office.

The 10-year JGB yield fell 1 basis point (bp) to 1.18%.

The five-year yield fell 0.5 bp to 0.845%.

The yield on the benchmark US 10-year Treasury bond fell 7.1 bps in Asian trade after Trump stopped short of imposing new tariffs on imported goods.

The yield on the US note maintained the decline even as Trump later suggested the United States could impose tariffs on Canada and Mexico in the near future, helping the dollar to pare some losses and the Nikkei to narrow gains.

Japan’s two-year JGB yield fell 0.5 bp to 0.67%.

Investors expect the Bank of Japan (BOJ) to raise interest rates on Friday, a move that would lift short-term borrowing costs to levels unseen since the 2008 global financial crisis.

Japan bonds set for weekly drop as PM Ishiba takes office

“The market has already priced in the BOJ’s rate hike so even if the BOJ announces the move on Friday, its impact on yields is limited,” said Yuki Matsuda, bond market analyst at Mizuho Securities.

Swap rates indicated an 87.7% chance for the BOJ to raise rate to 0.5% on Friday.

The 20-year JGB yield was flat at 1.895%.

The 30-year JGB yield fell 0.5 bp to 2.26%.

The 40-year JGB yield fell 3 bps to 2.68%.

Comments

200 characters