financetom
World
financetom
/
World
/
Japan's super-long dated bonds rise after sharp sell-off
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's super-long dated bonds rise after sharp sell-off
Jul 10, 2025 11:41 PM

TOKYO, July 11 (Reuters) - Japan's super-long government

bonds rose on Friday, as investors bought them back after a

heavy sell-off this week, with a firm outcome of the Bank of

Japan's bond buying operations supporting sentiment.

The 20-year JGB yield fell 0.5 basis point

(bp) to 2.5%. The 30-year JGB yield fell 2.5

bps to 3.04%.

Yields move inversely to bond prices.

"The decline in yields on super-long dated bonds is a

response to the sell-off earlier this week," said Katsutoshi

Inadome, a senior strategist at Sumitomo Mitsui Trust Asset

Management.

The BOJ's bond buying operation saw firm outcome around the

bonds with maturities of more than 25 years, which supported

sentiment, he said.

The yields on 20- and 30-year bonds surged this week as the

market weighed the risk of the defeat of the Liberal Democratic

Party and its coalition partner Komeito at the upcoming upper

house election.

The potential defeat could give power to opposition parties

that have pledged in their campaign platforms to cut or abolish

the sales tax.

The market saw no other market-moving cues for the current

session.

The 10-year JGB yield rose 1 bp to 1.5%

The two-year JGB yield rose 0.5 bp to 0.76%

and the five-year yield rose 1 bp to 1.03%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Morning Bid: Stocks not out of the woods after trying to recover
Morning Bid: Stocks not out of the woods after trying to recover
Jul 25, 2024
(Reuters) - - A look at the day ahead in Asian markets by Alden Bentley in New York. U.S. stock markets tried to steady from their epic one-day shakeout before giving it up late in the day, amid jitters about AI earnings potential that deflated megacaps, and, thus, the whole market on Wednesday. The S&P 500 and Nasdaq rallied during...
MORNING BID ASIA-Stocks not out of the woods after trying to recover
MORNING BID ASIA-Stocks not out of the woods after trying to recover
Jul 25, 2024
July 26 (Reuters) - - A look at the day ahead in Asian markets by Alden Bentley in New York. U.S. stock markets tried to steady from their epic one-day shakeout before giving it up late in the day, amid jitters about AI earnings potential that deflated megacaps, and, thus, the whole market on Wednesday. The S&P 500 and Nasdaq...
GLOBAL MARKETS-Stocks add to recent losses; yen flat after 2 1/2-mo high vs dollar
GLOBAL MARKETS-Stocks add to recent losses; yen flat after 2 1/2-mo high vs dollar
Jul 25, 2024
* S&P 500, Nasdaq end lower; Dow ends higher * US oil prices settle higher * IBM ( IBM ) shares jump following results (Updates to 4:30 p.m. ET) By Caroline Valetkevitch NEW YORK, July 25 (Reuters) - World stock indexes mostly fell in choppy trading Thursday, adding to losses after a tech-led selloff in the previous session, while the...
GLOBAL MARKETS-Yen steady, Asian stocks weak as wild week winds down
GLOBAL MARKETS-Yen steady, Asian stocks weak as wild week winds down
Jul 25, 2024
TOKYO, July 26 (Reuters) - The yen stabilized near a 12-week high against the dollar on Friday while Asia-Pacific equity markets remained on the back foot a day after their worst session since mid-April. Regional stocks took their cues from Wall Street, where the S&P 500 and tech-heavy Nasdaq slipped further after Wednesday's frenetic selling. MSCI's broadest index of Asia-Pacific...
Copyright 2023-2025 - www.financetom.com All Rights Reserved