JGB 10-yr yield hits 11-month high on stocks

Sun Jun 15, 2008 8:44pm EDT
 
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TOKYO, June 16 (Reuters) - The benchmark 10-year Japanese government bond yield hit an 11-month high on Monday, as a rise in stocks and a slide in U.S. Treasuries late last week prompted investors to sell government debt. The 10-year yield rose 2.5 basis points to 1.890 percent JP10YTN=JBTC, its highest since July last year.

September 10-year futures 2JGBv1 fell 0.14 point to 132.21, crawling towards an 11-month low of 132.05 struck late last week. (Reporting by Rika Otsuka)

 
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