Business · Markets · 1 hr ago
Japanese bond futures fall as US yields rise
Japanese bond futures fell for a second session at the market open on Nov.
11.
The December contract opened 55 sen lower at 127.13 yen.
The move followed October US consumer prices rising 0.4% from the previous month, above the 0.3% increase that markets expected.
The stronger inflation reading raised expectations of a US rate increase in December.
US long-term yields rose, and because bond prices move in the opposite direction to yields, bond prices fell.
Investors sold Japanese bond futures, but no further market developments were given.
Japanese bond futures fell at the market open on November 11.
The December contract, the benchmark contract, opened 55 sen lower at 127 yen 13 sen.
The decline followed a rise in US long-term yields on November 10.
A higher-than-expected US consumer price increase raised expectations of a US rate hike in December.
- Who
- Japanese bond futures traders.
- What
- Bond futures continued to fall, with the December contract opening 55 sen lower.
- When
- The morning of November 11, 2026.
- Where
- Japan’s domestic bond market.
- Why
- US long-term yields rose after October US inflation exceeded market expectations, increasing expectations of a December US rate hike.
This story does not have two clearly opposing sides.
US October consumer prices rose 0.4% from the previous month, above the 0.3% market forecast.
US long-term yields rose, and expectations of a December rate hike increased.
Japanese bond futures opened lower, with the December contract at 127 yen 13 sen.
- Benchmark contract
- December 2026 futures
- Opening price
- 127 yen 13 sen
- Change at opening
- 55 sen lower than the previous day
- US October CPI
- Up 0.4% month on month
- Market forecast for US October CPI
- Up 0.3% month on month