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JGBs Almost Flat as Traders Anxious on China Virus

Most Japanese government bonds (JGBs) were minimal changed on Friday, as traders avoided taking new positions while observing the flare-up of a flu-like virus in China.

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Yields on money bonds were bolstered after sales of 3-month papers and short-dated debt drew strong interest.


Benchmark 10-year Japanese government bond futures tumbled 0.07 points to 152.3, with an exchanging volume of 20,348 lots.


The 10-year Japanese government bond yield was unchanged at minus 0.025 percent.


The 20-year Japanese government bond yield gained 0.5 bp to 0.275 percent, yet the 30-year JGB yield tumbled 0.5 bp to 0.405 percent.


The 5-year yield was unchanged at minus 0.125 percent, and the 2-year Japanese government bond yield was likewise unchanged at minus 0.135 percent.


Source: Reuters

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