TOKYO, Oct 10 (Reuters) - Japanese government bond prices fell slightly on Thursday, as signs that the United States and China may reach a compromise to de-escalate their bitter trade war reduced demand for safe-haven assets.
Benchmark 10-year JGB futures fell 0.02 point to 155, with a trading volume of 17,707 lots.
The 10-year JGB yield fell 1 basis point to minus 0.220%.
The 20-year JGB yield rose 0.5 basis point to 0.205%. The 30-year JGB yield also rose 1 basis point to 0.385%.
Earlier on Thursday, Japan’s finance ministry auctioned 30-year debt, which drew strong demand and eased concerns about market liquidity.
The five-year yield rose 1 basis point to minus 0.350%.
At the short end of the yield curve, the two-year JGB yield rose 1 basis point to minus 0.315%.
U.S. President Donald Trump’s administration will soon allow some U.S. companies to supply non-sensitive goods to China’s Huawei Technologies Co Ltd, the New York Times reported.
The move could provide a concession to China just as the two countries meet later on Thursday for talks to end their 15-month trade dispute. (Reporting by the Tokyo Markets Team; Editing by Aditya Soni)