TOKYO, July 1 (Reuters) - Japanese government bond prices fell on Monday after the United States and China agreed to restart their trade talks, improving investor risk appetite and curbing demand for safe-haven debt.
The five-year JGB yield rose 1 basis point to minus 0.250% and the 10-year yield climbed 1.5 basis points to minus 0.150%.
The 30-year yield was 2 basis points higher at 0.375%.
Asian stocks rose after Washington and Beijing agreed on Saturday to revive trade negotiations after U.S. President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing.
The JGB market showed little reaction to the Bank of Japan’s “tankan” survey of business confidence released on Monday, which showed large manufacturers’ business confidence deteriorating to a near three-year low in the April-June quarter. (Reporting by the Tokyo markets team; editing by Gopakumar Warrier)