News Column

Japan's key bond yield falls to 3-month low

February 14, 2014

TOKYO, Feb. 14 -- (Kyodo) _ The yield on the benchmark 10-year Japanese government bond finished Friday at its lowest level in about three months as steep losses in Tokyo shares and a smooth five-year bond auction encouraged bond-buying.

The yield on the No. 332, 0.6 percent issue, the main yardstick of long-term interest rates, ended interdealer trading at 0.585 percent, down 0.010 percentage point from Thursday's close.

The price of the March futures contract for 10-year bonds rose 0.10 point to 145.00 on the Tokyo Stock Exchange.

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Source: Japan Economic Newswire

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