Japan's 10-year bond yields steady, longer-end yields track U.S. peers lower

  • 11/10/2021
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TOKYO, Nov 10 (Reuters) - Japan’s 10-year government bond yields cut their early losses to end flat on Wednesday, while yields on longer dated notes tracked U.S. Treasury yields lower. The 10-year JGB yield was unchanged at 0.060%, after falling to 0.055%. The longer-dated notes tracked yields on U.S. Treasuries, whose prices have rallied in recent sessions as investors wager on hikes in the next year or so squashing growth in the years beyond. The 20-year JGB yield fell 0.5 basis point to 0.450% and the 30-year JGB yield fell one basis point to 0.670%. The 40-year JGB yield fell 2 basis points to 0.705%. Yields on short-end notes were flat, with the two-year JGB yield at minus 0.120% and the five-year yield at minus 0.095%. Benchmark 10-year JGB futures rose 0.05 point to 151.92, with a trading volume of 16,227 lots. (Reporting by Tokyo markets team; Editing by Jacqueline Wong)

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