Business · Markets · 2 hrs ago

Japanese bond futures rise as US long-term yields fall

Japanese bond futures rise as US long-term yields fall

Japanese bond futures rose on Oct.

15 as trading began in the domestic market.

The December contract opened at 125.19 yen, up 20 sen from its previous settlement, and later climbed to 125.43 yen.

The rise followed a further drop in US long-term yields during early trading in Japan.

On Oct.

14, the benchmark US 10-year Treasury yield closed at 5.19%, down 0.02 percentage points from the previous day.

When bond yields fall, bond prices rise, which can support buying in Japanese bond futures.

The available information gives no further market outlook or next steps.

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