HALISTER1: JGB ALERT: Futures Break 151.00; 10-Year Bond Yield Hits 0%

JGB ALERT: Futures Break 151.00; 10-Year Bond Yield Hits 0%

(Bloomberg) -- December JGB contract drops through 151.00 for first time since Sept. 6, now down 22 ticks to 150.90.
  • Support: 150.87, Sept. 5 low; 150.66, August 2 low
  • JGB 10-year yield hits 0% for first time since BOJ pledged to keep yield near zero on Sept. 21; chart here
  • Japan 5-year bond auction draws lower bid/cover; story here
  • NOTE: Mark Cranfield is an FX strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice.
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here

UUID: 7947283