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Japanese bond yields down as uncertainty increases

27 Oct 2020 12:37 PM

Japanese bond yields are falling today (Tuesday), with sentiment weighed down by uncertainty over the US stimulus package and a gloomy global economic outlook as the pandemic shows no sign of abating.

Benchmark 10-year futures rose 0.1 points to 152.03, while government bond yields are down half a basis point to 0.025%.

This comes after the Japanese Finance Ministry made a deal to sell government bonds worth 3 billion yen for two years, which increased demand from investors.

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