Business · Markets · 3 hrs ago
Japanese bond futures rise after Fed holds rates steady
Japanese bond futures rebounded on Oct.
29 as trading began in the domestic market.
The December contract opened 13 sen higher at 126.42 yen.
The US Federal Reserve kept its policy rate unchanged at a meeting that ended on Oct.
28.
Fed Chair Warsh stressed the need to curb inflation but did not clearly signal a rate increase in December.
The rise in US long-term yields paused in early trading on Oct.
29, Japan time.
That pause helped support buying in Japanese bond futures.
Japanese bond futures rebounded at the market open on Oct. 29.
The December contract opened 13 sen higher at 126.42 yen.
The move followed the US Federal Reserve’s decision to leave its policy rate unchanged.
US long-term bond yields had paused their rise in early trading on Oct. 29, Japan time.
- Who
- Japanese bond futures traders.
- What
- Futures rebounded at the open, with the December contract up 13 sen.
- When
- The morning of Oct. 29, 2026.
- Where
- Japan’s domestic bond market.
- Why
- The Fed held its policy rate steady, and the rise in US long-term yields paused.
This story does not have two clearly opposing sides.
The Federal Reserve held its policy rate steady at the Federal Open Market Committee meeting.
The rise in US long-term yields paused in trading.
Japanese bond futures rebounded at the market open.
- December futures contract
- Opened at 126.42 yen
- Change at open
- Up 13 sen from the previous day
- Federal Reserve decision
- Held its policy rate steady
- FOMC meeting
- Concluded on Oct. 28