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Business & Finance

JGB futures hit record high on BOJ speculation

Published Updated

jgbTOKYO: 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.

 

Copyright Reuters, 2010

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