0028 GMT - JGBs fall in the morning Tokyo session, as the BOJ's summary of opinions of its April meeting released earlier appears to have been perceived to be somewhat hawkish by market participants. In the summary, the BOJ said attention is warranted on various upside risks to prices such as a further yen depreciation. The summary also included an option for the BOJ to reduce its monthly purchase amount of JGBs, which is presently about Y6 trillion a month. The JGB 2-year yield rises 3 bps to 0.310%, the 5-year yield climbs 3.5 bps to 0.515%, and the 20-year yield is up 3.5 bps at 1.690%. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
May 08, 2024 20:29 ET (00:29 GMT)
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