TOKYO, July 14 (IFR) - Japanese government bond prices sagged on Monday, hit by profit-taking and ahead of five-year bond auction later in the week.
But most domestic real money accounts took a wait-and-see stance, as the Bank of Japan will start its monthly two-day policy board meeting on Monday, though no policy change is expected.
The 10-year JGB futures price fell 0.07 point to 145.88 .
The five-year JGB yield rose 0.5 basis point to 0.150 percent from 15-month low hit last week ahead of Friday’s auction.
The current 10-year bonds were untraded in the morning trade. (Reporting by Masatsugu Hisatsune)