JGBs support bonds continuously as Brexit uncertainties


– Japanese government bond prices were stable on Friday, as Brexit's uncertainties caused geopolitical concerns and supported wider debt markets.

The JGBs were also backed up after the Bank of Japan offered to buy 680 billion yen ($ 6 billion) of five to 40-year bonds in a regular debt-buying operation.

The 10-year yield of the JGB and the 30-year yield were unchanged at 0.105 percent or 0.860 percent.

The 10-year JGB terminals climbed by 0.06 points to 150.94.

The British draft agreement on the withdrawal from the European Union came to light on Thursday after a series of resignations that pushed the Government of the government of Theresa May, prompting investors to look for security of government bonds.

During the UK political turmoil, the JGB found support along with US Treasures and German Pundits. ($ 1 = 113.3800 yen) (team reporting in the Tokyo market, editing by Sunil Naira)

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