JGBs restrained ahead of 20-year auction


TOKYO, Oct 21 (IFR) - Japanese government bonds wererestrained on Monday, held back by a fall in U.S. bond priceslate last week and as investors turned cautious ahead of a20-year bond auction on Tuesday.

JGB futures moved in a narrow 144.69-77 range and last stoodat 144.76, flat from Friday close.

In the cash bond trading, the 30-year sector yield rose 1.0basis point to 1.620 percent while the 30-yearyield rose a half basis to 1.485 percent.

The Ministry of Finance plans to sell 1.2 trillion yen of20-year JGBs on Tuesday.

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