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 * Markets


JAPAN BOND MARKET SETS RECORD FOR NO TRADES


TRADING OF BENCHMARK 10-YEAR BOND DRIES UP FOR FOUR STRAIGHT SESSIONS AS THE
CENTRAL BANK KEEPS TIGHT CONTROL OF YIELDS

Fed Approves Third-Straight 0.75 Percentage Point Rate Increase
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Fed Approves Third-Straight 0.75 Percentage Point Rate IncreasePlay video: Fed
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The Federal Reserve approved a third-consecutive 0.75 percentage point rise.
Chairman Jerome Powell said he anticipates that interest-rate increases will
continue as the Fed fights high inflation. Photo: Kevin Lamarque/Reuters
By
Megumi Fujikawa
Updated Oct. 12, 2022 10:25 am ET

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TOKYO—Bond traders to the Bank of Japan : Thanks for nothing.

For the fourth straight session, none of the latest issue of 10-year Japanese
government bonds traded on Wednesday. According to Japan Bond Trading Co., it
was the longest streak since March 1999, when comparable data became available.


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