February 9, 2016 / 3:47 AM / 4 years ago

JGB 10-year yield drops into negative for first time as Nikkei tanks

TOKYO, Feb 9 (Reuters) - The benchmark 10-year Japanese government bond yield dropped into negative territory for the first time on Tuesday, as Tokyo’s Nikkei tanked and fuelled demand for safe-haven debt.

The 10-year yield was down 4 basis points at minus 0.005 percent.

The Nikkei was down 5.2 percent, caught in the latest round of risk aversion buffeting global markets.

Reporting by Shinichi Saoshiro; Editing by Jacqueline Wong

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