JGBs edge down on profit taking, Nikkei fall limits losses
TOKYO, Oct 10 (IFR) - Japanese government bond prices edged down on Friday as participants locked in profits before a three-day weekend.
JGBs had rallied on Thursday, pushing the benchmark yield to a 1-1/2 month low, providing the profit taking opportunities.
The Tokyo financial markets will be closed on Monday for a public holiday.
A slide by Tokyo stocks helped limit losses by JGBs.
The benchmark 10-year JGB yield rose 1.5 basis points to 0.500 percent.
December 10-year JGB futures fell 0.12 point to 146.14.
The Nikkei fell for the fourth straight day on Friday and hit a two-month low on concern about the strength of the global economy.
(Reporting by Masatsugu Hisatsune; Editing by Kim Coghill)
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