AGL 40.40 Increased By ▲ 0.20 (0.5%)
AIRLINK 129.25 Increased By ▲ 0.14 (0.11%)
BOP 6.81 Increased By ▲ 0.21 (3.18%)
CNERGY 4.13 Increased By ▲ 0.10 (2.48%)
DCL 8.73 Increased By ▲ 0.28 (3.31%)
DFML 41.40 Increased By ▲ 0.15 (0.36%)
DGKC 87.75 Increased By ▲ 0.75 (0.86%)
FCCL 33.85 Increased By ▲ 0.50 (1.5%)
FFBL 66.40 Increased By ▲ 0.50 (0.76%)
FFL 10.69 Increased By ▲ 0.15 (1.42%)
HUBC 113.51 Increased By ▲ 2.81 (2.54%)
HUMNL 15.65 Increased By ▲ 0.42 (2.76%)
KEL 4.87 Increased By ▲ 0.09 (1.88%)
KOSM 7.62 Decreased By ▼ -0.21 (-2.68%)
MLCF 43.10 Increased By ▲ 1.20 (2.86%)
NBP 61.50 Increased By ▲ 1.00 (1.65%)
OGDC 192.20 Increased By ▲ 9.40 (5.14%)
PAEL 27.05 Increased By ▲ 1.69 (6.66%)
PIBTL 7.26 Increased By ▲ 1.00 (15.97%)
PPL 150.50 Increased By ▲ 2.69 (1.82%)
PRL 24.96 Increased By ▲ 0.40 (1.63%)
PTC 16.25 Increased By ▲ 0.01 (0.06%)
SEARL 71.30 Increased By ▲ 0.80 (1.13%)
TELE 7.25 Decreased By ▼ -0.05 (-0.68%)
TOMCL 36.29 Decreased By ▼ -0.01 (-0.03%)
TPLP 8.05 Increased By ▲ 0.20 (2.55%)
TREET 16.30 Increased By ▲ 1.00 (6.54%)
TRG 51.56 Decreased By ▼ -0.14 (-0.27%)
UNITY 27.35 No Change ▼ 0.00 (0%)
WTL 1.27 Increased By ▲ 0.04 (3.25%)
BR100 9,967 Increased By 125.2 (1.27%)
BR30 30,751 Increased By 714.7 (2.38%)
KSE100 93,292 Increased By 771.2 (0.83%)
KSE30 29,017 Increased By 230.5 (0.8%)

Japanese government bonds fell on Thursday, with market sentiment dampened after the US benchmark Treasury note yield hit a four-month high earlier in the week and as Tokyo's Nikkei average climbed to a three-month high. The JGB yield curve steepened, with the five-year/20-year yield spread approaching a decade high hit last week.
Japan is likely to issue around 145 trillion yen ($1,583 billion) in JGBs to the market in fiscal 2010/11, which starts next April 1, government sources said on Wednesday, in line with market expectations. March 10-year JGB futures fell 0.13 point to 139.89 after hitting 139.75.
The 10-year Treasury note yield rose to its highest since mid-August on Tuesday amid economic optimism before pulling back slightly a day after. Japanese markets were closed on Wednesday for a national holiday. The two-year yield edged up 0.5 basis point to 0.165 percent. The five-year yield was unchanged at 0.455 percent after reaching a four-year low of 0.425 percent on Monday.
The 10-year JGB yield rose 1 basis point to 1.260 percent. The yield has moved in a narrow range of 1.225 to 1.270 percent this week after hitting an 11-month low of 1.190 percent at the beginning of the month. The 20-year yield climbed 2 basis points to 2.095 percent. The five- to 20-year yield spread inched up a basis point on the day to 164 basis points on Thursday, crawling towards a decade high of 165 basis points struck last week.

Copyright Reuters, 2009

Comments

Comments are closed.