Key 10-year JGB yield rises on tentative mood ahead of U.S. Fed meet.TOKYO, June 22 Kyodo
The yield on the benchmark 10-year Japanese government bond rose Monday morning ahead of the U.S. Federal Open Market Committee meeting Tuesday and a series of U.S. Treasury note auctions this week.
In interdealer trading, the yield on the No. 301, 1.5 percent issue gained 0.010 percentage point from Friday's close to 1.450 percent.
The price of the key September 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 gained 0.12 point to 137.04 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. .