November 8, 2018 / 4:14 AM / 8 days ago

JGBs dip as equities rise, hurt safe-haven appeal

TOKYO, Nov 8 (Reuters) - Japanese government bond prices dipped on Thursday as the benchmark Nikkei share average hit highest in more than two weeks on improved risk appetite, and weighed on the safe-haven appeal of debt.

Ten-year December JGB futures slipped 0.07 point to 150.66, while the yield on benchmark 10-year JGBs advanced 0.5 basis point to 0.125 percent.

The 20-year JGB yield and 30-year JGB yield rose 1 basis point each, to 0.670 percent and 0.895 percent, respectively.

The 40-year JGB yield also climbed 1 basis point to 1.055 percent. (Reporting by Tokyo Markets team, Editing by Sherry Jacob-Phillips)

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