News Column

Japan's key bond yield briefly falls to 15-month low in morning

July 17, 2014

The yield on the bellwether 10-year Japanese government bond fell briefly to its lowest intraday level in 15 months Friday morning on buying due to intensifying geopolitical risks including the crash of a Malaysia Airlines plane in Ukraine.

The yield on the No. 334, 0.6 percent issue, the main yardstick of long-term interest rates, ended morning interdealer trading at 0.530 percent, unchanged from Thursday's close, after dropping to 0.510 percent at one point.

The price of the September futures contract for 10-year bonds was also unchanged at 145.93 on the Osaka Exchange.

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Source: Japan Economic Newswire

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