TOKYO, July 6 (Reuters) - Shorter-dated Japanese government bond prices edged lower on Friday as equities rallied, reducing investor demand for safe-haven assets.
The five-year JGB yield rose 0.5 basis point to minus 0.12 percent.
Longer-dated JGB prices, on the other hand, edged up on Bank of Japan’s regular debt-purchasing operation.
The 40-year JGB yield fell 0.5 basis point to 0.805 percent after the BOJ offered to buy 810 billion yen ($7.33 billion) of one- to 40-year bonds on Friday.
The 10-year JGB yield was flat at 0.03 percent, while the 20-year JGB yield was also unchanged at 0.475 percent.
Japan’s Nikkei share average rose for the first time this week in a positive end to Friday, as investors took heart from gains in Chinese stocks.
$1 = 110.5800 yen Reporting by the Tokyo markets team; Editing by Vyas Mohan