JGB 10-year futures fall to two-month lows

Tue Sep 30, 2008 9:52pm EDT
 
[-] Text [+]

TOKYO, Oct 1 (Reuters) - Japanese government bond futures hit a two-month low on Wednesday as U.S. Treasury yields rose the previous day and Tokyo shares rebounded on hopes that a U.S. financial bailout plan will be revived.

The December 10-year futures 2JGBv1 fell over a full point to 136.39, lowest since late July.

The Nikkei average .N225 rose 1.5 percent, helping stem safety bids for government debt.

 

Featured Broker sponsored link