December 6, 2012 / 4:45 AM / 5 years ago

JGB futures hit record high on BOJ speculation

1 Min Read

TOKYO, Dec 6 (Reuters) - The 10-year Japanese government bond futures rose to a record high on Thursday, as media reports that Japan's main opposition party is on course to win a solid majority in an upcoming election reinforced expectations of more aggressive monetary easing.

The benchmark December 10-year JGB futures rose as high as 145.11, climbing above the previous peak of 145.09 hit in June 2003.

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