Sunday, June 3, 2007

JGB futures hit 9-month low, track Treasuries

(Reuters) - The 10-year yield hit a key psychological level of 1.8
percent, a seven-month high, while the five-year yield rose to a
nine-month high of 1.4 percent.




Dealers said yield-hungry investors were picking up long-term
bonds ahead of an auction of 10-year bonds on Tuesday, believing
a spike in yields over the past two weeks could soon peter out.


Read more at Reuters.com Bonds News

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