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Japan's key bond yield ends flat at 0.535%

July 22, 2014

The yield on the benchmark 10-year Japanese government bond finished Tuesday flat as buybacks offset early selling to lock in profits amid a sense of caution over higher bond prices.

The yield on the No. 334, 0.6 percent issue, the main yardstick of long-term interest rates, ended interdealer trading at 0.535 percent.

The price of the September futures contract for 10-year bonds climbed 0.02 point to 145.85 on the Osaka Exchange.

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Source: Japan Economic Newswire

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