Nikkei Futures Slip 0.3% as 10-Year JGB Contracts Firm

Japanese markets signalled a mixed start to Wednesday trading, with equity and bond contracts moving in opposite directions. Nikkei 225 futures were recently down 0.27% in early Tokyo dealings, suggesting investors may trim risk after the prior session’s gains on Wall Street. By contrast, 10-year Japanese government bond futures gained 0.07 point, pointing to steady demand for sovereign debt even as global yields remain elevated. Earlier in the global session, U.S. equity index futures opened slightly higher, providing a muted lead for Asia.