In the Japanese government bond market on 2 September, long-term government bond futures closed at ¥125.32, after opening at ¥125.39 and reaching a low of ¥125.23. Movements in US and European government bond yields were also reported.
In the yen bond market on 2 September, the September long-term government bond futures contract opened at ¥125.39 and closed at ¥125.32. Trading ranged between ¥125.23 and ¥125.48, while the change in the closing price from the previous day was reported.
Yields corresponding to the bond futures were 1.846% for 2-year bonds, 2.303% for 5-year bonds, 2.990% for 10-year bonds and 3.881% for 20-year bonds. These figures were reported as the levels shown in the article.
In the US Treasury market, 2-year yields were around 4.40%, 10-year yields around 4.80% and 30-year yields around 5.28%, with bond yields generally reported to be trending higher. Yields on 10-year German, UK, Australian and New Zealand government bonds were also around 3.37%, 5.22%, 5.23% and 4.76%, respectively.
Today’s US economic events are scheduled to include the ADP employment report for August and factory orders for July. The release of the Beige Book is also pending.