Japan's 20-year JGB yield falls to lowest level since December

Japan's20-year govt bonds slipping to lowest price since early December

• 20-yearJGB yield down haf a basis point to 0.353%
• lowest since 8 Dec 2016
• prices getting a lift from firmer US treasuries as well as solid demand at liquidity boosting auction

USDJPY 109.17 currently tightly bound after the rally from 108.90 with Nikkei 225 down -0.3% at 19378.75 in a 19366-19428 range as we head into the final hour.

Expect offers around 109.30 and larger at 109.50. Demand/bids building at 109.00 with larger at 108.80-85 still.

USDJPY 15m