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JGBs Slip

JGBs SlipJGBs Slip

Japanese government bonds slipped on Monday, as risk appetites were strengthened by opinion polls showing British voters have swung and now favor remaining in the European Union, Reuters reported. The 20-year yield added 2.5 basis points to 0.190, down from a session high of 0.215% but still solidly above last week’s record low of 0.090%. The 30-year yield rose 3.5 basis points to 0.265%, after rising as high as 0.300% earlier. It had marked a record low of 0.150% on Thursday. The BOJ offered to buy 450 billion yen ($4.30 billion) of JGBs in the 5- to 10-year zone and 70 billion yen of JGBs maturing within one year.

 

Financialtribune.com