Japanese 10-year yield drops to three-week low following BOJ, Fed

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Source: Bloomberg
© Scanpix\Reuters
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.
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Thu, 11 Jul 2013 10:02:05 GMT

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