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Japan's 10-year bond yield falls ahead of BOJ policy decision

ReutersMay 1, 2025 3:14 AM

TOKYO, May 1 (Reuters) - Japan's 10-year government bond yield fell on Thursday as investors awaited the Bank of Japan's (BOJ) policy decision later in the day.

The 10-year JGB yield JP10YTN=JBTC lost 1 basis point (bp) to 1.3%. It last traded at 1.305%, down 0.5 bp from Wednesday's session.

The 20-year JGB yield JP20YTN=JBTC eased 1 bp to 2.185%.

At the two-day meeting ending later in the day, the BOJ is likely to keep the interest rates steady and cut its growth forecasts as uncertainty surrounding U.S. tariffs clouds the outlook for the world's fourth-largest economy.

Bonds with other maturities have not yet been traded as of 0024 GMT.

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