TOKYO, Aug 26 (IFR) - Japanese government bond yields dipped
on Tuesday, as the market followed declining yields in U.S.
Treasuries and German Bunds. A fall in Tokyo share prices also
The benchmark 10-year JGB yield dipped 0.5
basis point to 0.500 percent.
September 10-year futures rose 0.12 point to
Given the bullish background for JGBs, dealers expect the
400 billion yen ($3.85 billion) 40-year debt auction to proceed
smoothly on the back of ample investor demand.
The Ministry of Finance will release the auction results at
European government bonds have been rallying on expectations
the European Central Bank will ease further to revive flagging
($1 = 103.8000 Japanese yen)
(Reporting by Masatsugu Hisatsune; Editing by Jacqueline Wong)