TOKYO, Sept 9 (Reuters) - Japanese government bond (JGB) yields mostly slid on Monday, tracking a decline in U.S. Treasury yields, after weak data out of China and the United States revived growth concerns.
The benchmark 10-year JGB futures rose 0.06 points to 154.98, with a trading volume of 63,575 lots.
The 10-year cash JGB yield fell 1 basis point to minus 0.260%, while the 20-year yield was flat at 0.100%. The 40-year yield fell half a basis point to 0.220%.
Meanwhile, the 30-year yield bucked the overall trend to climb 2 basis points to 0.220%.
China’s exports unexpectedly fell in August as shipments to the United States slowed sharply, data showed on Sunday, pointing to further weakness in the world’s second-largest economy and underlining a pressing need for more stimulus.
In addition, U.S. job growth slowed more than expected in August, according to the Labor Department’s closely-watched monthly employment report showed on Friday.
Although these were seen as a positive factor for equities if it prompted more policy support measures, it generated some safe-haven buying in government debt globally. (Reporting by the Tokyo markets team; editing by Uttaresh.V)