Cash bonds, futures prices fall after Tokyo stocks rise.
Prices of 10-year Japanese government bonds (JGBs) and JGB futures fell Monday on selling prompted by rises in Tokyo stocks that led the key Nikkei stock index to close at a 32-month high.
In interdealer trading, the yield on the key No. 259 10-year, 1.5% government bond issue rose 0.015 percentage point from Friday to 1.515%.
The price of the benchmark June futures contract for 10-year bonds fell 0.16 point to 137.39 on the Tokyo Stock Exchange, sending the yield up 0.013 percentage point to 1.645%.
Bond prices move in the opposite direction of yields.