Thursday, May 31, 2007

JGBs slump on fall in Treasuries, rising Nikkei

(Reuters) - The 10-year JGB yield hit a seven-month high while futures
prices fell to a fresh nine-month low.




U.S. Treasuries slipped on Thursday as a strong Midwest
business activity report reduced expectations of an interest rate
cut by the year-end, pushing benchmark 10-year yields to their
highest level in nine months.


Read more at Reuters.com Bonds News

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