Product Design & Development

Key 10-year JGB yield little changed in morning+

By The Associated Press
Sunday, May 31, 2009

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Key 10-year JGB yield little changed in morning+

TOKYO, June 1 (Kyodo) — The yield on the benchmark 10-year Japanese government bond moved narrowly Monday morning as market players were divided between buying on lower U.S. long-term interest rates and selling on Tokyo stock gains.

In interdealer trading, the yield on the No. 300, 1.5 percent issue lost 0.010 percentage point from Friday's close to 1.470 percent.

The price of the key June futures contract for 10-year bonds gained 0.25 point to 136.66 on the Tokyo Stock Exchange.

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