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Japan's key bond yield rises to 0.615% on firmer shares

April 30, 2014



The yield on the bellwether 10-year Japanese government bond ended higher Wednesday in reaction to firmer Tokyo shares.

The yield on the No. 333, 0.6 percent issue, the main yardstick of long-term interest rates, ended interdealer trading at 0.615 percent, up 0.005 percentage point from Monday's close. Japanese financial markets were closed Tuesday for a national holiday.

The market showed muted reaction to the Bank of Japan's report on the outlook of economic growth and prices as it was largely within expectations, traders said.

The price of the June futures contract for 10-year bonds declined 0.05 point to 144.92 on the Osaka Exchange.


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Source: Japan Economic Newswire


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