The 10-year JGB yield rose 1 basis point to 0.040%, while benchmark 10-year JGB futures fell 0.11 point to 152.01, with a trading volume of 23,496 lots.
The five-year yield rose 1 basis point to minus 0.110%, and the two-year JGB yield rose 0.5 basis point to minus 0.115%.
Meanwhile, 30-year and 40-year JGB yields ended flat at 0.670% and 0.740%, respectively. The 20-year yield rose 0.5 basis point to 0.415%.
Demand at Tuesday’s 30-year JGB auction increased markedly from the previous sale, with the so-called bid-to-cover ratio improving to 3.63 from 3.39.
“It was a good result,” said a market participant at a domestic securities firm.
“Concerns about a rise in yields have dissipated, and we saw solid demand from investors.” (Reporting by Tokyo Markets Team)