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JGBs slip as Trump health report boosts risk appetite

TOKYO, Oct 5 (Reuters) - Japanese government bond prices slipped on Monday as investors’ risk appetite rose after doctors treating President Donald Trump for COVID-19 said his health was improving.

Trump could be discharged from the hospital where he is being treated for COVID-19 as soon as Monday, his doctors said, although his condition remains unclear and outside experts warn that his case may be severe.

Benchmark 10-year JGB futures fell 0.08 point to 152.08. The 10-year JGB yield rose 1 basis point to 0.025%.

Longer-dated bonds were under higher pressure ahead of an auction of 30-year JGBs on Tuesday.

The 20-year JGB yield rose 1 basis point to 0.400%, while 30-year JGB yield gained 1.5 basis points to 0.615%.

The two-year JGB yield was flat at minus 0.140%.

Reporting by Tokyo Markets Team; Editing by Vinay Dwivedi