Japan's bond yield rises to 6-month high on U.S.-China trade hope

©Kyodo News

The yield on the benchmark 10-year Japanese government bond ended at the highest level since late April while remaining in negative territory Tuesday as investors sold the safe-haven asset on expectations that easing U.S.-China trade tensions will put the global economy back on track.

The yield on the No. 356, 0.1 percent issue, the main barometer of long-term interest rates, ended interdealer trading at minus 0.040 percent, up 0.030 percentage point from Monday's close.

The price of the December futures contract for 10-year bonds declined 0.43 point to 152.59 on the Osaka Exchange.