Thu, 11 Jul 2013 09:37:07 GMT
Japanese 10-year yield drops to three-week low following BOJ, Fed
Japan's government bonds jumped, sending the benchmark 10-year note yield to the lowest level in three weeks, after the comments from the Bank of Japan and the Federal Reserve underlined outlook for prolonged monetary accommodation. Japan's 10-year bond yields retreated to 0.82% and the price of the 0.8% security maturing in June 2023 gained to 99.816 yen.