0014 GMT - JGBs rise in price terms in the early Tokyo session on possible position adjustments following Japan's holiday on Wednesday. External factors including U.S. Treasury yields' decline and yen's strengthening over the holiday are expected to support the JGB market, Mitsubishi UFJ Morgan Stanley Securities' fixed income strategists say in commentary. Although the continued rise in Japanese equity market following Japan's elections will probably be a headwind for JGB market, pension funds are likely to be buying bonds for portfolio rebalancing purposes, especially in ultra-long-term zone, the strategists add. The yield on 30-year JGBs drops 4.5 bps to 3.450%; the 40-year yield falls 5.5 bps to 3.670%.(ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 11, 2026 19:14 ET (00:14 GMT)
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