News Column

Japan's key bond yield rises to 0.61% in morning

May 11, 2014

The yield on the benchmark 10-year Japanese government bond rose Monday morning as the U.S. 30-issue Dow Jones Industrial Average's rise to a record high on Friday reduced demand for the government debt as a safe-haven asset.

The yield on the No. 333, 0.6 percent issue, the main yardstick of long-term interest rates, ended morning interdealer trading at 0.610 percent, up 0.010 percentage point from Friday's close.

The price of the June futures contract for 10-year bonds fell 0.06 point to 145.07 on the Osaka Exchange.

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Source: Japan Economic Newswire

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