TOKYO: Japan's longer-ended bonds were untraded on Monday in holiday-thinned trade, while an auction for two-year notes saw stronger demand than the previous sale.

Benchmark 10-year JGB futures rose 0.04 point to 151.87, with a trading volume of 6,236 lots.

The government auction for two-year notes received bids worth 4.25 times the amount sold, higher than the bid-cover-ratio of 4.05 times at the previous auction.

Bonds with maturity longer than 10 years were not traded.

The 10-year JGB yield remained at 0.060%, while the 20-year JGB yield was at 0.470%.

The 30-year JGB yield was at 0.675% and the 40-year JGB yield was at 0.725%.

The two-year JGB yield was flat at minus 0.100%.

The five-year yield rose 0.5 basis point to minus 0.085%.