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JGB yields in June 2004

10Y average1.759%
10Y month-end1.766%30 Jun 2004
Month high1.888%17 Jun 2004
Month low1.551%2 Jun 2004

10-year yield, daily

10Y1.891.551.7706-0106-1606-30

Month-end curve compared

Tenor30 Jun 2004vs. prior monthvs. a year ago
1-year0.043%+2bp+4bp
2-year0.161%+3bp+9bp
3-year0.364%+6bp+18bp
4-year0.601%+10bp+33bp
5-year0.830%+15bp+48bp
6-year1.041%+18bp+58bp
7-year1.293%+22bp+73bp
8-year1.513%+24bp+83bp
9-year1.673%+25bp+91bp
10-year1.766%+23bp+94bp
15-year2.048%+25bp+105bp
20-year2.323%+21bp+114bp
25-year2.539%+24bp–
30-year2.626%+24bp+126bp

Month-end 10Y–2Y slope: +160bp

JGB yields from Japan's Ministry of Finance; US yields are the Treasury's daily par yield curve. Percent per year; 1 bp = 0.01%. Not investment advice.

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The 10-year yield averaged 1.759% in June 2004 and ended at 1.766% (+23bp m/m).