Friday, June 1, 2007

JGBs slump as BOJ worries bite, Treasuries slide

(Reuters) - The benchmark 10-year yield hit a seven-month high while
futures prices fell to a fresh nine-month low as the market's
sell-off extended on the rise in the Nikkei share average to a
three-month peak.




The two-year yield hit a decade high of 0.995 percent and
jumped 7 basis points on the week -- the biggest one-week
increase since May last year when market players were
anticipating the end of zero interest rates.


Read more at Reuters.com Bonds News

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