JGBs Fall, Tracking Declines in U.S. Treasurys

Dow Jones
3 hours ago

0038 GMT - JGBs fall in early Tokyo session, tracking Friday's price declines in U.S. Treasurys. Both JGBs and Treasurys tend to move in tandem. However, investors may adopt a wait-and-see stance before possible comments from U.S. Treasury Secretary Bessent later today. "Bessent is scheduled to hold a press conference today, which could be important for both the Treasury and geopolitical outlook," Commerzbank Research analysts say in a note. "Markets will seek further details on the Treasury's expanded bond-buyback programme and whether additional measures will be considered to address elevated long-term yields," the analysts add. JGB 10-year yield is up 1.5 bps at 2.890%.

 

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