JGB yields track U.S. Treasury yields higher amid optimistic Omicron bets

  • 12/22/2021
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TOKYO, Dec 22 (Reuters) - Japanese government bond yields followed U.S. yields higher on Wednesday as investors viewed the Omicron coronavirus variant won"t derail the economic recovery despite its rapid spread. The 10-year JGB yield rose 1 basis point to 0.060%, after equivalent-maturity Treasury notes climbed almost four basis points overnight. Benchmark 10-year JGB futures fell 0.19 point to 151.89, with a trading volume of 16,603 lots. The 20-year JGB yield rose 1 basis point to 0.460%, while the 30-year yield rose 0.5 basis point to 0.665%. The two-year JGB yield rose 0.5 basis point to minus 0.105%, while the yield on five-year securities rose 1 basis point to minus 0.090%.

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