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Japan's key bond yield falls to 13-month low

May 29, 2014

The yield on the benchmark 10-year Japanese government bond fell Thursday, hitting a 13-month intraday low of 0.560 percent, due to falls in yields on U.S. and European government bonds, especially the U.S. 10-year Treasury.

The yield on the No. 333, 0.6 percent issue, the main barometer of long-term interest rates, ended interdealer trading at 0.565 percent, the lowest finish since early May last year and down 0.015 percentage point from Wednesday's close.

The price of the June futures contract for 10-year bonds rose 0.13 point to 145.50 on the Osaka Exchange.

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Source: Japan Economic Newswire

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