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Key 10-year JGB yield falls in morning before U.S. Fed statement+
TOKYO, Nov. 4 (AP) - (Kyodo)—The yield on the benchmark 10-year Japanese government bond fell Wednesday morning in cautious trading as investors await the results of the U.S. Federal Open Market Committee meeting and a 10- year bond auction slated for Thursday.
The yield on the No. 304, 1.3 percent issue, a key indicator of long- term interest rates, ended morning interdealer trading down 0.010 percentage point from Monday's close to 1.365 percent. Japanese markets were closed Tuesday for a national holiday.
The price of the key December futures contract for 10-year bonds lost 0.12 point to 138.15 on the Tokyo Stock Exchange.
