TOKYO, Dec 25 (Reuters) – Yields on some Japanese government bond futures drifted higher on Friday in holiday-thinned trade after weak results from a Bank of Japan debt buying operation pushed down futures prices.
Yields were also supported by a sense of relief after Britain and the European Union agreed a free trade deal, averting economic turmoil at the year’s end – the deadline for Brexit.
Benchmark 10-year JGB futures fell 0.03 point to 151.95, with trading volume of 8,156 lots.
The 10-year JGB yield fell 0.5 basis point to 0.010%. The 20-year JGB yield rose 0.5 basis point to 0.390%.
The 30-year JGB yield climbed 0.5 basis point to 0.625%, but the 40-year JGB yield held steady at 0.665%.
At the middle of the yield curve, the five-year yield rose 0.5 basis point to minus 0.115%.
At the short end, the two-year JGB yield was flat at minus 0.130%.
(Reporting by the Tokyo markets team Editing by Shri Navaratnam)