JGBs ease on falling Treasuries, trade in range

(Reuters) - With investors looking for clues on the market's direction and not in a hurry to buy as the new business year just began this week, bond prices fell ahead of the Bank of Japan's policy meeting next week and upcoming bond supply, traders said. "The drop in U.S. Treasuries is weighing on JGBs this session but trading is range-bound as foreign players are absent and there is no major data," said Naomi Hasegawa, a senior fixed-income strategist at Mitsubishi UFJ Securities.

The two-year yield edged up 0.5 basis point to 0.810 percent, while the five-year yield also inched up 0.5 basis point to 1.215 percent.


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