Lead 10-year JGB futures open slightly lower tracking Friday's declines in U.S. Treasurys; the contract is currently down 0.02 at 145.06. However, Deutsche Securities strategist Makoto Yamashita says, "given solid results of 10- and 30-year JGB auctions last week, investor demand for yen bonds remains strong even at current yields." Investors' capacity for interest rate fluctuation risks is increasing amid lowering market volatilities, he adds. 10-year cash bonds have yet to change hands (0.705% on Friday).
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