Cash bonds, futures prices rise after firm auction results.TOKYO, May 20 Kyodo Prices of 10-year Japanese government bonds (JGBs) and JGB JGB Jerry Garcia Band JGB Japanese Government Bond JGB Just Got Back JGB J Geils Band JGB JG Ballard (science fiction author) futures ended higher Tuesday on active buying spurred by firm results of a 30-year JGB auction held earlier in the day. In interdealer trading, the yield on the No. 249 10-year, 0.6% government bond fell 0.015 percentage point from Monday to 0.585%. The price of the June futures contract Futures Contract An exchange traded agreement to buy or sell a particular type and grade of commodity for delivery at an agreed upon place and time in the future. Futures contracts are transferable between parties. for 10-year bonds rose 0.11 point to 144.08 on the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. , sending the yield down 0.009 percentage point to 1.104%. The Bank of Japan decided Tuesday to further ease its monetary grip to better cope with uncertainties in the nation's financial system, but the impact on the bond market was limited, traders said. |
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