TOKYO, April 20 Japanese government bond prices
slipped on Thursday on the back of a retreat in U.S. Treasuries,
although a well-received 20-year debt auction helped limit
The benchmark 10-year JGB yield was 1 basis
point higher at 0.010 percent after rising to 0.015 percent
earlier. The yield remained within shot of zero percent, a
five-month low touched on Wednesday.
The 20-year yield was a basis point higher at
The bid-to-cover ratio, a gauge of demand, at Thursday's one
trillion yen ($9.18 billion) 20-year auction rose to 4.06 from
3.78 at the previous sale in March.
The new 20-year JGBs attracted investor demand with several
factors currently supporting the debt market, like tensions in
the Korean Peninsula and concerns about the French presidential
Treasury yields rose with their prices dipping overnight as
a rally that had sent yields to five-month lows at the start of
the week petered out.
($1 = 108.9600 yen)
(Reporting by the Tokyo markets team; Editing by Shri