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Japan's long-dated bond yields track US lower

October 14, 2021 00:00:00

TOKYO, Oct 13 (Reuters): Yields on long-dated Japanese government bonds fell on Wednesday, tracking US Treasury yields lower, but declines were capped in the absence of market-moving cues.

The 10-year JGB yield fell 0.5 basis points to 0.085 per cent, while the 20-year JGB yield fell 0.5 basis points to 0.465 per cent.

The yield on 10-year US Treasury notes fell 2.1 basis points to 1.584 per cent on Tuesday ahead of a key report on consumer prices to be released on Wednesday.

The 30-year JGB yield fell 0.5 basis points to 0.690 per cent and the 40-year JGB yield fell one basis point to 0.760 per cent.

Yields on shorter bonds were unchanged with the five-year bonds untraded and its yield remained at minus 0.080 per cent. The two-year JGB yield was unchanged at minus 0.120 per cent.

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