News Column

Japan's key bond yield falls to 0.585%

May 23, 2014

The yield on the benchmark 10-year Japanese government bond ended lower Friday, reversing early gains, as traders bought government debt following a recent fall in prices.

The yield on the No. 333, 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 June futures contract for 10-year bonds rose 0.12 point to 145.26 on the Osaka Exchange.

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Source: Japan Economic Newswire

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