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JGB yields in August 2007

10Y average1.672%
10Y month-end1.616%31 Aug 2007
Month high1.810%2 Aug 2007
Month low1.576%21 Aug 2007

10-year yield, daily

10Y1.811.581.6208-0108-1608-31

Month-end curve compared

Tenor31 Aug 2007vs. prior monthvs. a year ago
1-year0.730%-8bp+30bp
2-year0.870%-13bp+24bp
3-year0.948%-16bp+17bp
4-year1.090%-16bp+13bp
5-year1.183%-20bp+7bp
6-year1.271%-20bp+2bp
7-year1.337%-22bp-4bp
8-year1.446%-21bp-4bp
9-year1.546%-19bp-4bp
10-year1.616%-18bp-3bp
15-year1.906%-15bp-2bp
20-year2.121%-10bp-1bp
25-year2.255%-10bp-7bp
30-year2.361%-8bp-4bp

Month-end 10Y–2Y slope: +75bp

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 1.672% in August 2007 and ended at 1.616% (-18bp m/m).