Tradeweb.com
  • Our online forum of news and insight from across the fixed income and derivatives industries

  • Apr 04, 2016 | Tradeweb

    Market Snapshot: Japanese 30yr Yields Hit New Lows

    Japanese bonds with longer maturities hit new lows, according to Tradeweb data.

    The bid yield for the 30-year Japanese bond was 0.409%, down 2 bps from Friday’s close of 0.429%, with an intraday low of 0.391% and an intraday high of 0.413%. This is the lowest point for this security since it began trading on Tradeweb in 2008.

    The bid yields on the 10-year and 2-year bonds remain in negative territory. For the 10-year bond, it was -0.080%, down 1.7 bps from Friday’s close of -0.063%, with an intraday low of -0.080% and an intraday high of -0.063%. For the 2-year bond, it was -0.221%, down 1.5 bps from Friday’s close of -0.206%, with an intraday low of -0.226% and an intraday high of -0.213%.

    This comes amid ongoing uncertainty over economy and monetary policy and a release of a Bank of Japan survey showing businesses expect consumer inflation of 0.8% for the coming year on average.

    In the U.S., Treasury yields fell following a Commerce Department data release showing new orders for manufactured goods fell 1.7% in February, indicating economic growth slowed in the first quarter. 

    For the 6-month bill, the bid yield was 0.343%, down 5.3 bps from Friday’s close of 0.396%. The intraday low was 0.333%, its lowest point since November 23, 2015. The intraday high was 0.399%.

    The bid yield for the 2-year note was down to 0.748%, 1.6 bps off Friday’s close of 0.764%. Intraday trading ranged from a low of 0.732% to a high of 0.760%.

    The 10-year note was down to 1.778%, off 1.3 bps from Friday’s close of 1.791%. Intraday trading ranged from a low of 1.755% to a high of 1.790%.

    Yields are as of 2:57 PM ET.

    The charts below are based on indicative, real-time data from Tradeweb.

    CHART 1: Japanese 30-Year Yields – April 7, 2015 – April 4, 2016 (12 Month View)

    Japanese 30Y Bond Yields


    CHART 2: Japanese 10-Year Yields – April 7, 2015 – April 4, 2016 (12 Month View)

    Japanese 10Y Bond Yields


     

    Comments

    Leave a Comment

    *fields are mandatory

    Only your name and comment will be published. All comments are subject to review before being posted.

    Name*
    Email address*
    Message*
  • Request Info 
  • Tradeweb sidebar logo

    The online voice of Tradeweb, offering news and insight on key issues in fixed income and derivatives from the center of some of the world's largest financial markets.

 

This website uses cookies. For information on what cookies are and how Tradeweb uses them, please see the privacy policy. By continuing to use our website, you accept our use of cookies. close message