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JGBs Edge Up in Quiet Trade ahead of Fed Decision, "Tankan".
(From Jiji)
Tokyo, June 30 (Jiji Press)--Japanese government bonds edged higher on Thursday amid a growing wait-and-see mood ahead of the U.S. Federal Reserve's monetary policy decision later in the day and the release of the Bank of Japan's key business sentiment survey on Friday.
The yield on the newest 1.3 pct 270th issue of 10-year JGBs dropped to a fresh 22-month low of 1.165 pct in late interdealer trading, down from 1.180 pct late Wednesday.
In futures trading on the Tokyo Stock Exchange, the key September contract on 10-year JGBs ended up 0.05 point at 141.20. Volume shrank to 27,654 contracts from Wednesday's 37,232.
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