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JGB futures hit 2-month high on Treasuries, stocks

Mon Jul 14, 2008 8:17pm EDT

TOKYO, July 15 (Reuters) - Japanese government bond futures hit a two-month high on Tuesday after renewed concerns about the U.S. banking sector boosted U.S. Treasuries overnight while hurting Tokyo stocks.

Bonds  |  Global Markets

September JGB futures rose as high as 136.60, their highest since mid-May, before slipping to 136.42 2JGBv1 up 0.35 on the day.

The benchmark 10-year yield fell as far as 1.535 percent, its lowest since late April. The yield then rose to 1.545 percent JP10YTN=JBTC, down 3.5 basis points on the day.

Lead March Euroyen futures struck a three-month high of 99.095 JEYv1, before retreating a tad to 99.085, up 0.5 basis point on the day. (Reporting by Rika Otsuka)



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