JGBs dip tracking losses in U.S. Treasuries

Credit: REUTERS/© Yuriko Nakao / Reuters

TOKYO, May 27 (Reuters) - Japanese government bond (JGB) prices fell slightly on Monday, dented by weaker U.S. Treasuries and as stronger stocks weighed on the safe-haven appeal of debt.

The benchmark 10-year JGB yield JP10YTN=JBTC gained half-a-basis point to minus 0.070%.

The 30-year yield JP30YTN=JBTC and the 40-year yield JP40YTN=JBTC also rose half-a-basis point, to 0.505% and 0.535%, respectively.

Ten-year JGB futures 2JGBv1 closed down 0.04 point at 152.82, with a trading volume of 13,601 lots.

The Bank of Japan conducted a regular JGB-buying operation on Monday, offering to purchase 750 billion yen ($6.85 billion) of one- to five-year bonds and 200 billion yen of 10- to 40-year debt.

Japan's Nikkei share average ended 0.3% higher, helped by Wall Street gains in the previous session. .T

U.S. Treasury prices slipped on Friday as investors booked profit from the previous day's steep rally.

($1 = 109.46 yen)

(Reporting by Tokyo Markets team, Editing by Sherry Jacob-Phillips)

((daniel.leussink@thomsonreuters.com ; Twitter: https://twitter.com/danielleussink; +81-3-6441-1825; Reuters Messaging: daniel.leussink.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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