SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tommaso who wrote (44023)1/6/2006 6:22:12 PM
From: mishedlo  Read Replies (1) of 116555
 
Japanese govt bonds end softer on caution ahead of US job data, 10-yr auction
Friday, January 6, 2006 8:03:58 AM
afxpress.com

TOKYO (AFX) - Japanese government bond (JGB) prices ended the session lower as investors refrained from taking new positions ahead of US December employment data due out later today as well as next week's auction of 10-year JGBs, dealers said

The yield on the lead 10-year bond was at 1.440 pct, up from 1.425 pct at yesterday's close. Yesterday, the yield declined briefly to 1.420 pct, its weakest level since Sept 27

The yield on the benchmark 20-year debt rose to 1.975 pct from 1.950 pct late yesterday, while the yield on the bellwether five-year bond increased to 0.800 pct from 0.790 pct previously. Bond prices move inversely to yields

The price of the 10-year bond futures contract fell to 137.94 yen from 138.05 yen previously

"Many investors are on the sidelines ahead of the US job data and 10-year debt auction next week," said Akitsugu Bando, a fixed-income strategist at Okasan Securities. The Ministry of Finance said it plans to raise 1.9 trln yen from the sale of 10-year bonds next Wednesday. Analysts said the market is looking closely for fresh clues from US data on the likely timing of any Fed decision to halt its credit tightening cycle. Mizuho Investors Securities senior strategist Osamu Tamada also noted that there was technical readjustment in the market today after bond prices had surged in thin trading yesterday.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News