- ARAB NEWS
- 30 Apr 2025
Since 1975
Japanese government bond (JGB) prices advanced broadly on Monday as sharp falls in equities on fears of second coronavirus wave increased the appeal of the safe-haven debt.
Benchmark 10-year JGB futures rose 0.15 point to 152.23, with a trading volume of 12,855 lots.
The key 10-year cash JGB yield fell 1 basis point (bp) to 0%. The 20-year yield dropped 1 basis point to 0.360%, while the 30-year yield lost 1.5 basis points to 0.515%.
At the shorter end of the market, the two-year and the five-year yields fell 1 basis point each to minus 0.170% and minus 0.120%, respectively.
On the Tokyo stock exchange, the benchmark Nikkei average tumbled 3.5% on Monday to hit its lowest level since May 27 as investors fled risk assets on concerns about a spike in new cases of COVID-19 worldwide.
Reuters
