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JGBs Almost Flat Amid China Virus Concerns

Japanese government bond (JGB) costs were minimal changed on Wednesday as traders were evaluating the advancements encompassing the flare-up of another coronavirus in China.

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Benchmark 10-year Japanese government bond futures rose a minimal 0.01 point to 152.15, with an exchanging volume of 15,396 lots, in late evening exchange.


The yield on the key 10-year money Japanese government bonds stood unchanged at minus 0.010 percent.


The 20-year Japanese government bond yield dropped a half of a bp to 0.285 percent, while the 30-year yield was consistent at 0.440 percent.


At the shorter end of the market, the 5-year yield stood unaltered at minus 0.110 percent and the two-year yield added a half of a bp to minus 0.125 percent.


China’s National Health Commission said on Wednesday there were 440 cases of the new infection, with nine deaths up until this point. Measures are currently set up to limit open get-togethers in the most-affected districts.


Source: Reuters

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