Long-dated JGBs rise, taking cue from U.S. Treasuries


TOKYO, April 16 () - Long-dated Japanese government bond prices broadly rose on Tuesday, tracking firm U.S. Treasuries and with the maturities lifted after a 20-year debt auction drew strong demand.

The 20-year yield slipped half a basis points to 0.365 percent.

The 30-year yield was flat at 0.540 percent and the 40-year yield shed one basis point, to 0.545 percent.

The bid-to-cover ratio, a gauge of demand, rose to 5.10 from 4.84 at the previous sale in March.

The benchmark 10-year JGB yield edged up half a basis point to minus 0.030 percent.

Ten-year JGB futures dipped 0.15 point to 152.50, with a trading volume of 38,622 lots shortly before the end of the trading session.

U.S. long-dated Treasury yields slipped from four-week highs on Monday, ahead of U.S. data that will give some guidance on whether the world's largest economy could slip into recession in the near future.

($1 = 111.93 yen)

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


Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More