JGBs little changed; receding risk aversion halts advance
TOKYO, Aug 15 (Reuters) - Japanese government bond prices were little changed on Tuesday, while the market's advance was curbed by receding geopolitical concerns.
The benchmark 10-year JGB yield was flat at 0.050 percent.
Yields had declined steadily over the past week as tensions between the United States and North Korea escalated. But risk aversion began to ebb on Monday and the region's shares rallied as North Korea's leader signalled that he would delay plans to fire a missile near Guam.
Super long JGB yields tracked U.S. Treasuries and inched up. Treasury yields rose overnight, with the benchmark yield bouncing from six-week lows, on signs that tensions between Washington and Pyongyang were easing.
The 30-year JGB yield was up half a basis point at 0.845 percent, pulling away from a 1-1/2-month low of 0.840 percent set in the previous session. (Reporting by the Tokyo markets team; Editing by Sherry Jacob-Phillips)