Tuesday, June 5, 2007

JGBs futures fall to ten-month low on BOJ worries

(Reuters) - The five-year yield jumped to an eleven-month high while the
benchmark 10-year yield rose to a fresh seven-month high.




"The market is adjusting itself to match expectations that
the BOJ will raise rates in August," said Eiji Dohke, a JGB
strategist at UBS.


Read more at Reuters.com Bonds News

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