Japanese Bond Yields Rise as Stock Market Rises

The yield on the benchmark 10-year Japanese government bond finished higher Friday on selling prompted by firmer Tokyo stocks.

The yield on the No. 329, 0.8 percent issue, the main yardstick of long-term interest rates, ended interdealer trading at 0.760 percent, up 0.015 percentage point from Thursday’s close.

The price of the September futures contract for 10-year bonds declined 0.22 point to 143.71 on the Tokyo Stock Exchange.

via Mainichi

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza