News Column

Japan's key bond yield edges higher to 0.590%

May 21, 2014

The yield on the benchmark 10-year Japanese government bond ended slightly higher Wednesday as early losses for Tokyo shares were pared, encouraging traders' risk appetite and reducing demand for the government debt as a safer asset.

The yield on the No. 333, 0.6 percent issue, the main yardstick of long-term interest rates, ended interdealer trading at 0.590 percent, up 0.005 percentage point from Tuesday's close.

The price of the June futures contract for 10-year bonds declined 0.02 point to 145.22 on the Osaka Exchange.

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Source: Japan Economic Newswire

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