TOKYO Feb 27 Japanese government bond prices
were mostly steady on Thursday, with the super long zone
weakening slightly after the Bank of Japan bought less than
usual in those maturities via its regular purchasing operations
the previous day.
The yield on 10-year JGBs was flat on the day
at 0.585 percent.
The 20-year yield rose a basis point to 1.455
Market participants expect support returning to the super
long zone when index-following investors begin extending the
duration of their holdings as they customarily do at the end of
JGB futures moved in a tight range, edging up early
to 145.24 in reaction to gains by U.S. Treasuries on Wednesday.
The futures stood unchanged at 145.18 in afternoon trading.