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.