04-08-2025
- Business
- Wall Street Journal
JGBs Jump, Tracking U.S. Treasury Rally Friday
0018 GMT — JGBs jump in early Tokyo trade, tracking Friday's price rally in U.S. Treasurys spurred by weak U.S. economic data. Today's Japanese government bond market is likely to be dominated by buying, Mitsubishi UFJ Morgan Stanley Securities' fixed income strategists say in commentary. The combination of stock weakness and yen appreciation, which is causing a risk-off mood, is also expected to support the domestic government bond market, the strategists add. The five-year JGB yield drops 9 bps to 0.990% and the 10-year yield falls 8.5 bps to 1.465%, both the lowest levels since July 8, according to data provider Quick. (
