Japanese government bond (JGB) yields fell on Thursday, with the 30-year yield retreating from a record high hit earlier this week, as investors remained cautious about the Bank of Japan’s policy tightening path ahead of a closely watched 30-year debt auction, according to a Reuters report.
The benchmark 10-year JGB yield fell 2.5 basis points to 3.080%, while the 30-year yield declined 4 basis points to 4.170%. Bond yields move inversely to prices.