Monday, April 16, 2007

JGBs tumble on Nikkei surge, fall in Treasuries

(Reuters) - "It's all on the back of equities," said a bond futures trader at a European bank.

JGBs were also hurt by a drop in Treasuries that has pushed U.S. 10-year yields to two-month highs on Monday, extending losses after a survey late last week indicated that consumers expect inflation to accelerate.


Read more at Reuters.com Bonds News

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