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

  • 12/13/2021
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Japan"s 10-year government bond yields fell on Monday, tracking weekend declines in U.S. Treasuries, while bonds with other maturities were not traded ahead of a series of central bank meetings this week. The 10-year JGB yield fell 0.5 basis point to 0.045%. U.S. Treasury yields slipped on Friday after a jump in the consumer price index was largely in line with expectations, easing concerns that the Federal Reserve may need to be more aggressive in its efforts to combat rising prices. Japanese bonds with longer-ends were not traded ahead of the Federal Reserve meeting, as well as those for the European Central Bank, the Bank of England and the Bank of Japan. The 20-year JGB yield remained at 0.455%, while the 30-year JGB yield was unchanged at 0.670% and the 40-year JGB yield was at 0.710%. The two-year JGBs were not traded and the yield remained at minus 0.110%. The five-year yield was flat at minus 0.090%. Benchmark 10-year JGB futures rose 0.08 point to 151.98, with a trading volume of 6,491 lots. Reporting by Tokyo markets team; Editing by Devika Syamnath Our Standards: The Thomson Reuters Trust Principles.

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