- ARAB NEWS
- 25 Apr 2024
Since 1975
Japanese government bond (JGB) prices rose on Monday as renewed worries about a second wave of novel coronavirus infections globally prompted a rush into the safety of government debt.
Benchmark 10-year JGB futures rose 0.06 point to 152.13, with a trading volume of 9,168 lots, while the yield on the key 10-year cash JGBs slipped half a basis point to 0.005%.
The five-year cash debt yield also fell half a basis point to minus 0.115% and the two-year yield stood flat at minus 0.165%.
At the longer end of the market, the 20-year yield dropped half a basis point to 0.385% and the 30-year yield was steady at 0.565%.
The World Health Organization reported a record increase in global coronavirus cases on Sunday, with the biggest rise in North and South America.
Reuters
