Politics

JGBs dip as sentiment improves; Tokyo shares hit four-month highs

Reuters

TOKYO, April 15 () - Japanese government bond prices slipped on Monday, tracking falls in U.S. Treasury prices, and as a rise in Tokyo equities reduced the safe-haven appeal of debt.

The benchmark 10-year JGB yield rose two basis points to minus 0.035 percent.

The 20-year yield also climbed two basis points, to 0.370 percent, while the 30-year yield gained 2.5 basis point to 0.540 percent.

Japan's benchmark Nikkei share average and the broader Topix both touched four-month highs on Monday, boosted by a surge in global equities and a weaker yen.

U.S. Treasury yields rose to three-week highs on Friday as investors put money into riskier assets on easing concerns about global economic growth.


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Reuters

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