AGL 8.30 Decreased By ▼ -0.03 (-0.36%)
ANL 10.95 Increased By ▲ 0.25 (2.34%)
AVN 79.70 Increased By ▲ 1.51 (1.93%)
BOP 5.75 Increased By ▲ 0.18 (3.23%)
CNERGY 5.64 Increased By ▲ 0.26 (4.83%)
EFERT 79.36 Increased By ▲ 0.71 (0.9%)
EPCL 67.48 Decreased By ▼ -0.31 (-0.46%)
FCCL 14.89 Increased By ▲ 0.39 (2.69%)
FFL 6.70 Increased By ▲ 0.10 (1.52%)
FLYNG 7.16 Increased By ▲ 0.13 (1.85%)
GGGL 11.60 Increased By ▲ 0.26 (2.29%)
GGL 17.51 Increased By ▲ 0.27 (1.57%)
GTECH 8.35 Increased By ▲ 0.05 (0.6%)
HUMNL 7.17 Increased By ▲ 0.11 (1.56%)
KEL 3.14 Increased By ▲ 0.06 (1.95%)
LOTCHEM 35.20 Increased By ▲ 2.33 (7.09%)
MLCF 28.35 Increased By ▲ 0.05 (0.18%)
OGDC 87.70 Increased By ▲ 3.15 (3.73%)
PAEL 16.63 Increased By ▲ 0.18 (1.09%)
PIBTL 6.05 Increased By ▲ 0.20 (3.42%)
PRL 19.46 Increased By ▲ 1.34 (7.4%)
SILK 1.14 No Change ▼ 0.00 (0%)
TELE 11.41 Increased By ▲ 0.31 (2.79%)
TPL 9.20 Increased By ▲ 0.20 (2.22%)
TPLP 20.25 Increased By ▲ 0.37 (1.86%)
TREET 27.10 Increased By ▲ 0.48 (1.8%)
TRG 96.20 Increased By ▲ 1.70 (1.8%)
UNITY 20.85 Increased By ▲ 0.48 (2.36%)
WAVES 13.90 Increased By ▲ 0.27 (1.98%)
WTL 1.34 Increased By ▲ 0.03 (2.29%)
BR100 4,275 Increased By 67 (1.59%)
BR30 15,794 Increased By 348.3 (2.26%)
KSE100 42,872 Increased By 628.4 (1.49%)
KSE30 16,219 Increased By 247.6 (1.55%)
Markets

JGBs track US Treasuries lower, shrug off jump in virus cases

Benchmark 10-year JGB futures dropped 0.06 point to 152.55, with trading volume of 27,637 lots by late-afternoon tr
Published February 13, 2020
  • Benchmark 10-year JGB futures dropped 0.06 point to 152.55, with trading volume of 27,637 lots by late-afternoon trade.
  • The 10-year cash JGB yield rose one basis point to minus 0.035pc.
  • The 20-year and the 30-year yields also gained one basis point each to 0.255pc and 0.385pc, respectively.

TOKYO: Japanese government bond (JGB) prices tracked losses in US Treasury bonds lower on Thursday, shrugging off a fall in risk assets in response to a sharp rise in number of coronavirus cases.

Benchmark 10-year JGB futures dropped 0.06 point to 152.55, with trading volume of 27,637 lots by late-afternoon trade.

The 10-year cash JGB yield rose one basis point to minus 0.035pc.

The 20-year and the 30-year yields also gained one basis point each to 0.255pc and 0.385pc, respectively, while and the 40-year yield rose 1.5 basis points to 0.415pc.

US Treasury yields rose on Wednesday amid renewed risk tolerance after a reported drop in the number of new coronavirus cases in China on Wednesday alleviated some concerns about economic growth.

However, the optimism took a hit in Asia after China's Hubei province, the epicentre of the outbreak, reported a record rise in the death toll after it adopted a new method for diagnosis.

At the shorter end of the market, the two-year JGB yield stood flat at minus 0.155pc, while the five-year yield rose one basis point to minus 0.130pc.

Comments

Comments are closed.