• Most Popular
  • Most Shared

JGB futures extend losses, hit seven-month low

Tue May 13, 2008 10:12pm EDT

TOKYO, May 14 (Reuters) - Japanese government bond futures extended losses to hit a seven-month low on Wednesday, hurt by an overnight fall in U.S. Treasuries, while traders sold government debt to hedge against Thursday's five-year auction.

Bonds

June 10-year JGB futures dropped as much as 1.83 points on the day to 134.28, their lowest since mid-October before recovering a tad to 134.44 2JGBv1, down 1.67 points.

The benchmark 10-year yield jumped 11.5 basis points to a seven-month high of 1.695 percent JP10YTN=JBTC. (Reporting by Rika Otsuka)

Bonds


More from Reuters

Photo

East Coast tunnels out from severe snowstorm

NEW YORK (Reuters) - The Northeast began digging out on Sunday from a massive snowstorm that buried cities from Washington to Boston under as much as 2 feet of snow, creating travel chaos and hampering Christmas shopping. | Video

» More Top News
A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

U.S.
Two men shake hands in a file photo. REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article 

Global Deals Review