TOKYO, Oct 19 (Reuters) - Japanese government bond (JGB) prices were flat on Monday, as investors awaited the 20-year bond auction later this week.
Dimming the appeal of the safe-haven debt instrument was a more than 1% rise in local equities on renewed U.S. stimulus hopes.
Benchmark 10-year JGB futures 2JGBv1 fell 0.06 point to 152.09, with a trading volume of 9,208 lots, while the 10-year JGB yield JP10YTN=JBTC stood flat at 0.020%.
In the super-long zone, the 20-year JGB yield JP20YTN=JBTC was flat at 0.400%.
The 30-year JGB yield JP30YTN=JBTC was flat at 0.620%, having inched down half a basis point to 0.615% in early session.
The 40-year JGB yield JP40YTN=JBTC also was unchanged at 0.645%.
At the shorter end of the curve, the two-year JGB yield JP2YTN=JBTC and the five-year yield JP5YTN=JBTC both stood flat at minus 0.145% and minus 0.115%, respectively.
Market participants said investors refrained from taking big positions ahead of an auction of 1.2 trillion yen 20-year government debt on Tuesday.
(Reporting by Tokyo Markets Team; editing by Uttaresh.V)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.