Business · Markets · 2 hrs ago

Japanese bond futures fall as US yields and oil prices rise

Japanese bond futures fall as US yields and oil prices rise

Japanese bond futures opened lower on the morning of Oct.

20.

The December contract, the most actively traded, opened at 125.58 yen, down 19 sen from the previous day.

Higher US long-term yields weighed on the market after they rose on Oct.

19.

Oil futures also rose in the US, prompting concern about stronger inflation pressure in Japan.

Traders sold bond futures amid those concerns.

The report gave no further details on what might happen next.

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