Japan's 30-year bond yield falls to record 0.145 pct on Brexit vote

The Japanese 30-year bond yield fell to record low of 0.145 percent on Friday as voters have voted in favour of Brexit, U.K. is poised to leave the European Union after 43 years of membership in the bloc. Also, driven by Brexit surprise investors are pricing monetary and quantitative easing from the Bank of Japan in the up-coming policy meeting.

The yield on the benchmark 10-year bonds, which moves inversely to its price fell 6 basis point to -1.195 percent, yield on super-long 40-year bonds dipped 7 basis points to 0.192 percent, yield on super-long 30-year bonds tumbled 7 basis points to 0.150 percent and the short-term 2-year JGB yield slid 4 basis point to -0.272 percent by 06:10 GMT.

Brexit vote-remain on 14.584 million votes, leave on 15.705 million after more than 90 percent of votes counted and the 'Leave' side has now won enough votes to guarantee victory in the Brexit poll.

Interestingly, Farage declared victory in a speech held in London as a Brexit looked increasingly likely.

"The dawn is breaking on an independent United Kingdom," he said to loud cheers at a Leave campaign party.

Today, crude oil prices dropped more than 6 percent as 'Leave' Camp Leads in 'Brexit' Vote. Meanwhile, the International benchmark Brent futures fell 6.40 percent to $47.63 and West Texas Intermediate (WTI) climbed 6.31 percent to $46.95 by 05:20 GMT.

In addition, Bank of Japan with a statement from Governor Kuroda said that the BOJ to continue to monitor carefully and the BOJ is ready to provide sufficient liquidity. He further added that the BOJ to utilise swap arrangements to ensure financial market stability and to cooperate closely with bodies in and out of Japan, 6 central banks to do utmost to provide liqudiity.

Meanwhile, USD/JPY losses accelerate, down 2.6 percent to 103.44. GBP/USD losses accelerate, now down 6 percent. The pound drops below $1.40 for the first time since 2 March.

Meanwhile, the British pound has been absolutely hammered by the news that Britain has voted to leave the EU. Sterling has suffered its biggest ever drop, and is currently hovering around $1.36, down 8.5 percent. The benchmark Nikkei 225 index closed down 7.92 percent at 14,952.02, and the broader Topix index closed lower 7.26 percent to 1,204.48 points.