35533
JGB Yields Tumble
World Economy

JGB Yields Tumble

Japanese government bond prices soared on Monday as the Bank of Japan’s surprise introduction of negative interest rates last week drove yields for up to almost nine years below zero, Reuters reported. The two-year yield fell as much as 8.0 basis points to minus 0.160% while the five-year notes yield dropped to minus 0.110%, both record lows. The 10-year yield also fell to a record low of 0.050% , though the sector was an underperformer as investors braced for an auction of 10-year bonds on Tuesday. The 10-year JGB futures hit an all-time high of 150.78 and closed up 0.14 point at 150.56.

 

Short URL : http://goo.gl/WZT4pR
  1. http://goo.gl/JE2YlC
  • http://goo.gl/i0tz0k
  • http://goo.gl/XqVPI7
  • http://goo.gl/A2Xd6m
  • http://goo.gl/W5o3fy

You can also read ...

Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
Myanmar Businesses Want Lower Taxes
Myanmar businesses are urging the government to lower the...

Trending

Googleplus