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JGBs Little Changed as Trading Winds Down at Years End

TOKYO, Dec 28 Reuters Yields on Japanese government bonds JGBs were little changed on Monday as traders stuck to the sidelines due to a dearth of bond auctions before yearend holidays.

Bonds showed little reaction to a summary of opinions from the Bank of Japans most recent meeting, which showed earlier on Monday that policymakers are split over the scope of a review of the central banks framework.

Benchmark 10year JGB futures rose 0.01 point to 151.93, with a trading volume of 9,669 lots.

The 10year JGB yield was flat at 0.015. The 20year JGB yield was flat at 0.395.

At the long end of the curve, the 30year JGB yield rose 0.5 basis point to 0.640, but the 40year JGB yield was flat at 0.675.

The fiveyear yield was flat at minus 0.115.

At the short end of the curve, the twoyear JGB yield held steady at minus 0.130.

Reporting by the Tokyo markets team; editing by Uttaresh.V

Source Reuters

 

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