Politics

JGB futures rebound from 3-month low; cash bonds gain

Reuters

TOKYO, April 18 () - The benchmark 10-year Japanese government bond futures climbed on Thursday, rebounding from a three-month low hit the previous day, as Tokyo shares dipped on the back of profit-taking.

Ten-year JGB futures gained 0.17 points to 152.54, with a trading volume of 37,644 lots, one day after they slipped to the lowest level since January 9.

In the cash bond market, the yield on benchmark 10-year JGBs declined 1.5 basis points to minus 0.030 percent, after hitting a six-week high on Wednesday.

The 30-year yield dropped 1 basis point to 0.560 percent.

Japan's Nikkei share average retreated from a 4-1/2-month high on Thursday as investors took profit after five days of rally.


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Reuters

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