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.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.