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TOKYO: Japanese government bond (JGB) prices fell slightly on Monday, dented by weaker US Treasuries and as stronger stocks weighed on the safe-haven appeal of debt.

The benchmark 10-year JGB yield gained half-a-basis point to minus 0.070pc.

The 30-year yield and the 40-year yield also rose half-a-basis point, to 0.505pc and 0.535pc, respectively.

Ten-year JGB futures closed down 0.04 point at 152.82, with a trading volume of 13,601 lots.

The Bank of Japan conducted a regular JGB-buying operation on Monday, offering to purchase 750 billion yen ($6.85 billion) of one- to five-year bonds and 200 billion yen of 10- to 40-year debt.

Japan's Nikkei share average ended 0.3pc higher, helped by Wall Street gains in the previous session.

US Treasury prices slipped on Friday as investors booked profit from the previous day's steep rally.

Copyright Reuters, 2019

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