TOKYO -- Japanese government bonds fell Tuesday morning, with the benchmark 10-year yield briefly hitting 0.000%, down 0.040 percentage point from the previous day. The 10-year JGB hit an all-time low for the first time in two days, falling below the previous record low yield set Feb. 5.
JGBs have drawn buying as a risk-free asset, in line with falling crude oil prices and the plunge in the Nikkei Stock Average.