Mumbai, June 5 -- Japanese bond markets were choppy with the benchmark ten-year bond yield easing to a one week low of 1.46%. A sharp drop in the US yields overnight also weighed. The overall focus was on a key 30-year bond auction that saw the weakest demand since 2023 though it was still considerably decent given latest trends. Japan's 30-year bond sale Thursday was the third in as many weeks to show signs of a cold shoulder from buyers, with one measure of demand the weakest since 2023. Japan's 30-year bond yield flipped under 2.90% following the action, extending a downward tilt after hitting a record high of 3.18% few weeks ago.

Published by HT Digital Content Services with permission from Capital Market....