Monday, April 16, 2007

JGBs tumble on Nikkei surge, slide in Treasuries

(Reuters) - The outcome of a Group of Seven finance ministers meeting on Friday had little direct impact on bonds, but the G7's failure to single out the weak yen hit the Japanese currency and helped ignite a 1.5 percent jump in the Nikkei share average .

"It's all on the back of equities," said a JGB futures trader at a European bank.


Read more at Reuters.com Bonds News

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