News Column

Japan's key bond yield rises to 0.525%

August 7, 2014

The yield on the bellwether 10-year Japanese government bond finished higher Thursday on selling on news reports that the Government Pension Investment Fund is likely to reduce its ratio of Japanese government bonds and increase investments in stocks.

The yield on the No. 334, 0.6 percent issue, the main yardstick of long-term interest rates, ended interdealer trading at 0.525 percent, up 0.010 percentage point from Wednesday's close.

The price of the September futures contract for 10-year bonds declined 0.08 point to 145.95 on the Osaka Exchange.

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Source: Japan Economic Newswire

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