Five-year JGB yield hits record low of 0.125 pct; Kuroda BOJ nomination talk

TOKYO Sun Feb 24, 2013 7:10pm EST

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TOKYO Feb 25 (Reuters) - Five-year Japanese government bond yield hit a record low on Monday after sources said the Japanese government is likely to nominate Haruhiko Kuroda, an advocate of aggressive monetary easing, as its next central bank chief.

The five-year yield dipped 0.5 basis point to 0.125 percent, while the 10-year yield slipped 1 basis point to 0.715 percent, hitting a two-month low.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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