Business · Markets · 57 mins ago
Japanese bond futures fall as US yields and oil prices rise
Japanese bond futures continued to fall on Nov.
13.
The benchmark December contract opened 66 sen lower at 126 yen and 17 sen, then moved little around that level.
Rising US long-term yields weighed on Japanese bonds after US yields climbed on Nov.
12.
Investors were increasingly expecting the US to raise interest rates again in December.
Higher yields mean lower bond prices, and selling spread to Japan’s bond futures market.
Rising oil prices added further pressure, as uncertainty over the Middle East lifted US crude futures.
The market’s next direction is not stated.
Japanese government bond futures fell for a second session on the morning of November 13.
The benchmark December contract opened 66 sen lower at 126.17 yen.
Futures traded in a narrow range around that level afterward.
Rising US long-term yields and higher oil prices weighed on the market.
- Who
- Japanese bond futures traders.
- What
- Bond futures fell for a second session, with the December contract opening 66 sen lower at 126.17 yen.
- When
- The morning of November 13, 2026.
- Where
- Japan’s domestic bond market.
- Why
- US long-term yields rose amid expectations of an additional US rate increase in December, and higher oil prices also encouraged selling.
This story does not have two clearly opposing sides.
US long-term yields rose as expectations of an additional US rate increase in December grew.
Japanese bond futures fell for a second session, with the December contract opening at 126.17 yen.
- Benchmark contract
- December 2026
- Opening price
- 126.17 yen
- Change at the open
- Down 66 sen from the previous day
- US long-term yields
- Rose on November 12
- Oil prices
- US crude futures rose amid uncertainty over the Middle East situation