JGBs Tick Down on Caution ahead of U.S. Payrolls Data

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TOKYO, June 4 Reuters Japanese government bond prices dipped on Friday as investors turned cautious ahead of U.S. payrolls data which could fuel inflation concerns and spark fears of an earlier tapering in the U.S. Federal Reserves bond purchase.

Benchmark 10year JGB futures fell 0.06 point to 151.43.

The yield on the benchmark 10year JGBs rose 0.5 basis point to 0.085.

The 20year JGB yield was flat at 0.455 while the 30year yield rose 0.5 basis point to 0.690, matching a twomonth high touched earlier this week.

Reporting by Tokyo Markets Team; Editing by Devika Syamnath

Source Reuters

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