TOKYO, July 24 (IFR) - Long-dated Japanese government bond
prices inched up on Thursday as investors bought those
maturities, spurred by recent declines in German Bunds and U.S.
The benchmark 10-year JGB yield fell 1 basis
point to 0.520 percent.
The 20-year yield also dropped 1 basis point,
to 1.380 percent.
Weaker Tokyo shares provided a further lift for JGBs, with
the Nikkei shedding 0.5 percent.
German bond yields fell back towards record lows on
Wednesday as worries over the threat of tougher EU sanctions on
Russia and their potential impact on the euro zone's feeble
economic growth underpinned demand for Bunds.
(Reporting by Masatsugu Hisatsune; Editing by Jacqueline Wong)