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JGB yields in December 2011

10Y average1.008%
10Y month-end0.987%30 Dec 2011
Month high1.082%1 Dec 2011
Month low0.975%19 Dec 2011

10-year yield, daily

10Y1.080.970.9912-0112-1512-30

Month-end curve compared

Tenor30 Dec 2011vs. prior monthvs. a year ago
1-year0.119%±0bp-2bp
2-year0.131%-1bp-4bp
3-year0.195%-2bp-3bp
4-year0.281%-3bp-4bp
5-year0.343%-5bp-6bp
6-year0.450%-8bp-9bp
7-year0.560%-10bp-13bp
8-year0.706%-10bp-15bp
9-year0.871%-9bp-13bp
10-year0.987%-10bp-14bp
15-year1.476%-8bp-11bp
20-year1.740%-7bp-14bp
25-year1.832%-7bp-13bp
30-year1.921%-6bp-7bp
40-year2.109%-8bp+8bp

Month-end 10Y–2Y slope: +86bp

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 1.008% in December 2011 and ended at 0.987% (-10bp m/m).