0015 GMT - JGBs edge lower in the morning Tokyo session, tracking overnight price declines in most U.S. Treasurys. For today, Japan's government bond market may garner support from the Bank of Japan's scheduled purchases of some sovereign debt with tenors including more than 10 years and up to 25 years. However, investors may remain cautious ahead of the BOJ Deputy Gov. Shinichi Uchida's meeting today with local leaders in the Shizuoka prefecture. Last month, BOJ policy board member Takata said the central bank needs to keep adjusting the degree of monetary accommodation in stages. The 30-year JGB yield is up 1bp at 2.380%. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 04, 2025 19:15 ET (00:15 GMT)
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