JGBs Hold Steady as Investors Eye Risks from U.S., Brexit

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TOKYO, Dec 10 Reuters Yields on Japanese government bonds were little changed on Thursday as investors avoided taking big positions due to uncertainty about U.S. economic stimulus and Britains trade negotiations with the European Union.

An auction of 20year notes earlier in the day was met with reasonably solid demand, which supported the broader market, dealers said.

Benchmark 10year JGB futures barely moved at 152.1, with a trading volume of 35,219 lots. The 10year JGB yield was flat at 0.015. The 20year JGB yield was flat at 0.375.

The 30year JGB yield was flat at 0.620. The 40year JGB yield fell 1.5 basis points to 0.650.

The fiveyear yield was flat at minus 0.115. The twoyear JGB yield held steady at minus 0.140.

Reporting by Stanley White, Editing by Sherry JacobPhillips

Source Reuters

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