Following the conclusion of Japan's extended weekend holiday, Japanese government bond futures experienced a drop during the morning session, primarily fueled by an uptick in risk appetite spurred by gains in the domestic stock market. The price of 10-year bond futures dipped by 0.14 yen, settling at 138.48 yen. Furthermore, the decline in U.S. Treasury prices observed during the holiday period, coupled with uncertainties surrounding Japan's domestic political landscape, exerted additional downward pressure on bond prices.