TOKYO, March 20 (IFR) - Japanese government bond prices were
mostly steady on Thursday, with a slip in Tokyo stocks helping
offset negative pressure from an overnight retreat by U.S.
A regular bond-buying operation by the Bank of Japan, part
of the central bank's massive monetary stimulus scheme, also
U.S. government debt prices sank on Wednesday, reflecting
perceptions that Federal Reserve policymakers will start raising
interest rates sooner than expected.
The benchmark 10-year JGB yield stood
unchanged on the day at 0.605 percent.
The June 10-year bond futures contract inched down
0.02 point to 144.93, confined to a narrow 0.12 point range.
(Reporting by Masatsugu Hisatsune; Editing by Eric Meijer)