The Japanese government bonds remained mixed at the time of closing Monday ahead of the country’s trade balance data for the month of March and industrial production data for the month of February, scheduled to be released on April 16 and 17 by 23:50GMT and 04:30GMT respectively.
The yield on the benchmark 10-year JGB note, which moves inversely to its price, slumped 3 basis points to -0.030 percent, the yield on the long-term 30-year jumped 2-1/2 basis points to 0.545 percent and the yield on short-term 2-year plunged 16 basis points to -0.159 percent by 06:00GMT.
Japanese bonds also tracked disappointment in U.S. Treasuries following a rise in Tokyo equities that reduced the safe-haven appeal of debt.
U.S. Treasury yields rose to three-week highs on Friday as investors put money into riskier assets on easing concerns about global economic growth, Reuters reported.
Meanwhile, the Nikkei 225 index closed 1.37 percent higher at 22,169.50, while at 06:00GMT, the FxWirePro's Hourly JPY Strength Index remained slightly bearish at -94.74 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex