JGB futures jump as stocks fall, Treasuries rally

Thu Dec 27, 2007 7:51pm EST
 
[-] Text [+]

TOKYO, Dec 28 (Reuters) - Japanese government bond futures jumped on Friday as a fall in global share prices and an overnight rally in Treasuries prompted investors to shift funds from equities to safer government debt.

March 10-year JGB futures climbed as high as 136.83 2JGBv1 for a rise of 0.53 point on the day.

The benchmark 10-year JGB yield fell 4.5 basis points to 1.505 percent JP10YTN=JBTC. (Reporting by Rika Otsuka)

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better