The Japanese government bonds remained mixed on Friday amid ongoing global economic worries in a muted trading session that barely witnessed any data of esteemed economic significance.
At close, the yield on the benchmark 10-year JGB note, which moves inversely to its price, hovered around -0.233 percent, the yield on the long-term 30-year jumped 2 basis points to 0.182 percent and the yield on short-term 2-year slumped 27 basis points to -0.274 percent.
Global risk appetite appears to be attempting to stabilize as the S&P 500 index edged up overnight amid better-than-expected US retail sales data, albeit the UST bond market continued to rally, OCBC Treasury Research reported.
The 10- and 30-year UST bond yields broke through 1.5 percent (for the first time since August 2016) and 2 percent respectively to a low of 1.47 percent and 1.95 percent (record low) and bull-steepened the curve, the report added.
Also, President Trump opined that a trade deal with China must be on US terms and he will have a call with China’s Xi very soon, OCBC further noted in the report.
Meanwhile, the Nikkei 225 index slipped -0.18 percent to 20,368.85 at close.


Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 



