News Column

Japan's key bond yield ends at 2-month low

May 16, 2014

The yield on the benchmark 10-year Japanese government bond ended Friday at its lowest level in two months as a decline in Tokyo stocks and a drop in U.S. Treasury yields prompted bond buying.

The yield on the No. 333, 0.6 percent issue, the main yardstick of long-term interest rates, ended interdealer trading at 0.580 percent, down 0.010 percentage point from Thursday's close.

The price of the June futures contract for 10-year bonds rose 0.10 point to 145.28 on the Osaka Exchange.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Japan Economic Newswire

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters