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JGB futures fall, track Treasuries lower after Fed

Wed Oct 31, 2007 8:09pm EDT
 
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TOKYO, Nov 1 (Reuters) - Japanese government bond futures slid on Thursday after U.S. Treasuries fell as the Federal Reserve cut interest rates as expected but signalled it may refrain from further easing if the economy holds up. December 10-year JGB futures opened 0.46 point lower at 135.53 2JGBv1 and fell as low as 135.51 in early trade. The fall in JGB futures came ahead of an auction of 10-year JGBs later in the day.

 

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