JGB futures surge as stocks fall on Dubai worries

TOKYO | Thu Nov 26, 2009 7:11pm EST

TOKYO Nov 27 (Reuters) - Lead December 10-year Japanese government bond futures hit a nine-month high on Friday, as worries about debt problems in Dubai triggered a slide in share prices.

December 10-year JGB futures climbed to 139.91 2JGBv1 JGBv1, a gain of 0.41 point and the highest for a lead contract in about nine months.

The Nikkei .N225 slid to a four-month low in early trade following a slide in European share prices the previous day. (Reporting by Masayuki Kitano) ((masayuki.kitano@thomsonreuters.com; Reuters Messaging: masayuki.kitano.reuters.com@reuters.net; +81-3-6441-1872)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))
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