Japanese stocks were firmer, with the Nikkei ending the day 0.06% higher. The JGB market was mostly unmoved by the list of Japanese economic data released on Friday. The yield on 5-yr JGB increased 0.6 basis point to 0.051% while that on 10-yr JGB was steady at 0.324%. In the superlong zone, the 30-yr yield was steady at 1.247%. Medium and long-term notes would remain supported by the BOJ purchases: the central bank was expected to buy JPY400bn worth of 5-yr and 10-yr JGBs on Monday.
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