TOKYO, Aug 13 (Reuters) - Japanese government bond prices gained a tad on Monday as a rout in the Turkish lira intensified, sparking a sell-off in other emerging market currencies and flight-to-quality bids in bonds of developed markets.
Ten-year JGB futures rose 0.07 point to 150.34, extending their recovery from the Aug. 2 low of 149.75, near the 50 percent retracement of their fall last month, which stood at 150.38.
Last month JGBs posted their worst performance since January 2017 on expectations that the Bank of Japan would tweak its policy. The central bank decided to allow bigger moves in the 10-year JGBs around its target of zero percent on July 31.
The 10-year JGB yield fell 0.5 basis point to 0.095 percent, slipping further from its 1 1/2-year high of 0.145 percent set on Aug. 2.
The 30-year JGB yield fell 1.5 basis points to 0.825 percent.
Shorter maturities were little changed, with the two-year JGB and five-year JGB yields flat at minus 0.120 percent and minus 0.080 percent respectively. (Reporting by Tokyo Markets Team; Editing by Sunil Nair)