CORRECTED - CORRECTED-JGB futures hit 2-month high on renewed credit worries

Wed Jul 9, 2008 8:24pm EDT
 
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(Corrects paragraph 2 to ...September futures ..., not June futures.)

TOKYO, July 10 (Reuters) - Japanese government bond futures climbed to a two-month high on Thursday as renewed credit jitters knocked Tokyo shares and boosted the safe-haven appeal of the debt.

September futures rose by as much as 0.65 point to 136.40 2JGBv1, the highest since May 13, before retreating to 136.30.

The benchmark 10-year yield JP10YTN=JBTC fell 3.5 basis points to 1.575 percent, a two-month low. (Reporting by Satomi Noguchi)

 
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