TOKYO, March 2 Reuters Yields on Japanese government bonds fell on Tuesday after an auction of 10year notes received solid demand, easing concerns about a recent global selloff in sovereign debt.
Benchmark 10year JGB futures rose 0.27 point to 151.08, with a trading volume of 29,280 lots.
The 10year JGB yield fell 2 basis points to 0.130.
Earlier on Tuesday a government auction of 10year bonds received bids worth 3.14 times the 2.1 trillion yen 19.66 billion in notes that were sold.
The 20year JGB yield fell 2.5 basis points to 0.505, while the 30year JGB yield fell 2.5 basis points to 0.700.
At the long end of the curve, the 40year JGB yield was unchanged 0.780.
The fiveyear yield fell 1 basis point to minus 0.075.
At the short end, the twoyear JGB yield fell 0.5 basis point to minus 0.125.
1 106.8200 yen
Reporting by the Tokyo markets team, Editing by Sherry JacobPhillips