JGBs Mixed as Investors Digest U.S.-China Trade Agreement

0057 GMT — JGBs are mixed in price terms in early Tokyo trade as investors digest the U.S.-China trade agreement. Negotiators from both sides agreed on a framework to get their trade truce back on track and ease tensions between the world's two largest economies. Meanwhile, Mitsubishi UFJ Morgan Stanley Securities wants to be vigilant over higher volatility triggered by any reports or speculation surrounding the Ministry of Finance's issuance plans and the Bank of Japan's meeting, its fixed income strategists say in commentary. The five-year JGB yield is down 0.5 bp at 1.025%, while the 20-year yield is up 1.5 bps at 2.405% and the 30-year yield is 1.5 bps higher at 2.930%. (ronnie.harui@wsj.com)

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