Markets

JGBs edge lower, BOJ skips debt buying operation

Published December 26, 2016 Updated December 26, 2016 08:26am

TOKYO: Japanese government bond prices edged lower on Monday, with the market weighed down as the Bank of Japan refrained from conducting a regular debt purchasing operation.

The two-year JGB yield rose half a basis point to minus 0.180 percent, while the 30-year yield climbed 1 basis point to 0.680 percent.

Trade was subdued as JGBs lacked the usual leads from equities and currencies as many major financial markets were closed on Monday for Christmas holidays.

Copyright Reuters, 2016