Canada markets closed
  • S&P/TSX

    20,954.99
    -218.46 (-1.03%)
     
  • S&P 500

    4,551.68
    -23.11 (-0.51%)
     
  • DOW

    35,490.69
    -266.19 (-0.74%)
     
  • CAD/USD

    0.8082
    -0.0008 (-0.10%)
     
  • CRUDE OIL

    80.96
    -1.70 (-2.06%)
     
  • BTC-CAD

    72,906.16
    -2,694.52 (-3.56%)
     
  • CMC Crypto 200

    1,412.39
    -61.94 (-4.20%)
     
  • GOLD FUTURES

    1,800.20
    +1.40 (+0.08%)
     
  • RUSSELL 2000

    2,252.49
    -43.58 (-1.90%)
     
  • 10-Yr Bond

    1.5290
    -0.0900 (-5.56%)
     
  • NASDAQ futures

    15,610.50
    +23.25 (+0.15%)
     
  • VOLATILITY

    16.98
    +1.00 (+6.26%)
     
  • FTSE

    7,253.27
    -24.35 (-0.33%)
     
  • NIKKEI 225

    28,794.42
    -303.82 (-1.04%)
     
  • CAD/EUR

    0.6960
    -0.0009 (-0.13%)
     

Japan's 10-year bonds untraded on Evergrande fears, Fed meeting caution

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

TOKYO, Sept 21 (Reuters) - Japan's 10-year government bonds were untraded on Tuesday as investors were cautious ahead of the U.S. Federal Reserve's meeting, curbing safe-haven demand for fixed income despite a stock market rout.

The 10-year JGB yield remained at 0.045%, while benchmark 10-year JGB futures rose 0.12 point to 151.83, with a trading volume of only 9,590 lots.

Japanese stocks posted their biggest fall in three months on Tuesday, hit by fears of a potential default by China's Evergrande Group.

But investors refrained from making active bets on debt as they awaited some guidance on the Fed's tapering outlook after it concludes a two-day meeting on Wednesday.

Yields on longer term debt were mixed, with the 20-year JGB yield falling 0.5 basis point to 0.425%, while the 30-year JGB yield was flat at 0.650%.

The 40-year JGB yield rose 0.5 basis point to 0.730%.

The two-year JGB yield fell 0.5 basis point to minus 0.135% and the five-year bonds were untraded with the yield remaining at minus 0.100%. (Reporting by Junko Fujita; Editing by Devika Syamnath)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting