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Ten-year JGB yield hits lowest since June 2003
February 26, 2013 / 3:40 AM / 5 years ago

Ten-year JGB yield hits lowest since June 2003

TOKYO, Feb 26 (Reuters) - Japan’s 10-year government bond yield fell to its lowest level in nearly 10 years on Tuesday, triggered by concerns over the euro zone after a deadlock in Italy’s election and expectations of bold monetary easing from the Bank of Japan.

The 10-year yield slipped 2.5 basis points to 0.680 percent.

Earlier, the five-year yield dipped 0.5 basis point to 0.115 percent to a record low.

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