JGBs Rise, Tracking Gains in U.S. Treasurys

Dow Jones
3小時前

0017 GMT - JGBs rise in early Tokyo trade, tracking overnight price gains in U.S. Treasurys amid reduced Fed rate-hike prospects. JGBs and Treasurys tend to move in tandem. Fed Vice Chairman Jefferson said the U.S. central bank may need 'more time' to decide on next move even as inflation risks are tilted to upside, InTouch Capital Markets' analysts say in commentary. "Money markets have removed as much as 13.5 [bps] of expected tightening by the middle of next year," the analysts note. The ten-year JGB yield falls 4.5 bps to 3.050% and the 30-year yield drops 4 bps to 4.130%.

 

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