Japan's 10-year bond yield falls as yield on U.S. peer drifts lower

  • 6/25/2021
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TOKYO, June 25 (Reuters) - The yield on 10-year Japanese government bonds fell on Friday amid an absence of market-moving factors in Japan, while sentiment was underpinned as U.S. 10-year Treasury yield drifted lower overnight. The 10-year JGB yield fell 0.5 basis point to 0.045%. The 20-year JGB yield was unchanged at 0.425%. The 30-year JGB yield rose one basis point to 0.675% and the 40-year JGB yield rose two basis points to 0.750%. At the shorter end, the two-year JGB yield fell 0.5 basis point to minus 0.120%. Benchmark 10-year JGB futures rose 0.07 point to 151.72, with a trading volume of 11,506 lots. Weaker than anticipated readings on jobless claims and durable goods orders kept Treasury yields in a tight range on Thursday, with benchmark 10-year Treasury yields hovering just below 1.5%. (Reporting by Tokyo markets team) Our Standards: The Thomson Reuters Trust Principles.

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