JGB yields rise on weak demand for 2-year notes, firmer U.S. bond yields

  • 3/30/2021
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TOKYO, March 30 (Reuters) - Japanese government bond yields rose on Tuesday as an auction for two-year notes witnessed weak demand, and yields on U.S. 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. (Reporting by Tokyo markets team; editing by Uttaresh.V)

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