JGBs Consolidate as BOJ's Two-Day Meeting Kicks Off -- Market Talk

Dow Jones
Yesterday

0019 GMT - JGBs consolidate in early Tokyo trade as the Bank of Japan's two-day meeting kicks off today. A wait-and-see mood is expected to gradually strengthen among market participants ahead of events including the BOJ's meeting, Mitsubishi UFJ Morgan Stanley Securities' fixed income strategists say in a research report. While overnight price gains in U.S. Treasurys may provide support to the JGB market, risk-on sentiment could weigh, the strategists add. the 10-year JGB yield is unchanged at 1.310%; 10-year JGB futures are 0.03 yen higher at 140.66 yen. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

April 29, 2025 20:19 ET (00:19 GMT)

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