financetom
Market
financetom
/
Market
/
JGB yields track US Treasury peers lower
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
JGB yields track US Treasury peers lower
Apr 18, 2024 12:03 AM

TOKYO, April 18 (Reuters) - Japanese government bond

(JGB) yields fell on Thursday, tracking overnight U.S. Treasury

yields lower, with the market shrugging off comments from a Bank

of Japan (BOJ) board member.

The 10-year JGB yield fell 2.5 basis points

(bps) to 0.86%, slipping from 0.885%, its highest level since

Nov. 13.

U.S. Treasury yields dipped on Wednesday, slowing a

week-long selloff that had pushed benchmark 10-year Treasury

yields to their highest levels since November.

Earlier in the day, BOJ board member Asahi Noguchi, known

for his dovish views, said the pace of future interest rate

hikes would likely be much slower than that of its global peers

in recent tightenings.

"His dovish stance was not fully reflected in his comments

today," said chief bond strategist at Mizuho Securities.

The BOJ last month ended its negative rate, setting the

overnight call rate as its new policy rate and decided to guide

it in a range of 0-0.1%.

The market is betting there will be another rate hike this

year, helping the policy-sensitive two-year JGB yield

rise to 0.28%, its highest level since November

2009, for a second session.

The two-year bond yield was last down at 0.27%, while the

five-year yield fell 2 bps to 0.470%.

The 20-year JGB yield fell 4 bps to 1.625%

and the 30-year JGB yield fell 3 bps to 1.910%.

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 >
National Bank Says Canada's Inflation Was Under Control Ahead of The Rise in Oil Prices; Sees Inflation Accelerating
National Bank Says Canada's Inflation Was Under Control Ahead of The Rise in Oil Prices; Sees Inflation Accelerating
Mar 16, 2026
11:55 AM EDT, 03/16/2026 (MT Newswires) -- Monday's Canadian consumer price index release is already somewhat outdated, given how much the outlook has shifted following the conflict in the Middle East, said National Bank of Canada. Still, it provides a snapshot of how price dynamics were evolving heading into the conflict, and the picture is encouraging, noted the bank. Inflation...
US Equity Indexes Rise in Midday Trading
US Equity Indexes Rise in Midday Trading
Mar 16, 2026
12:32 PM EDT, 03/16/2026 (MT Newswires) -- US equity indexes rose in midday trading on Monday while Treasury yields declined after better-than-expected economic data. The Nasdaq Composite rose 1.1% to 22,348.5, with the S&P 500 up 0.8% to 6,689.2. The Dow Jones Industrial Average gained 0.7% to 46,889. Most sectors were in the green with technology and consumer discretionary sectors...
US STOCKS-Wall St rises on tech strength; Middle East conflict limits gains
US STOCKS-Wall St rises on tech strength; Middle East conflict limits gains
Mar 16, 2026
* Indexes up: Dow 1.04%, S&P 500 1.15%, Nasdaq 1.43% * Meta gains 2.6% after report it plans to shrink 20% jobs * Dollar Tree ( DLTR ) gains more than 6% after signaling tariff relief * Nvidia's conference could boost AI confidence (Updates prices throughout, and analyst comments) By Johann M Cherian and Utkarsh Hathi March 16 (Reuters) -...
South African rand gains as softer dollar offsets reduced Fed cut hopes
South African rand gains as softer dollar offsets reduced Fed cut hopes
Mar 16, 2026
JOHANNESBURG, March 16 (Reuters) - The South African rand strengthened on Monday, as a softer dollar helped offset fading hopes of a near-term interest rate cut by the U.S. Federal Reserve due to the elevated energy prices. * At 1448 GMT the rand traded at 16.77 against the dollar , more than 1% stronger than its previous close. * The...
Copyright 2023-2026 - www.financetom.com All Rights Reserved