JGBs Edge Lower, Tracking Decline in U.S. Treasurys
0005 GMT — JGBs edge lower in the morning Tokyo session, tracking overnight price declines in U.S. Treasurys. These market movements come amid risk-on sentiment spurred by President Trump's phone call with Chinese leader Xi on Thursday. Trump called the conversation productive and said both sides agreed to meet soon. However, investors have turned cautious ahead of the key U.S. nonfarm payrolls report due out tonight, Sucden Financial's Research team says in a commentary. The 5-year JGB yield is up 1bp at 1.015%. (ronnie.harui@wsj.com)
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