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10-year JGB futures drop half a point as equities rally
March 14, 2012 / 5:37 AM / 6 years ago

10-year JGB futures drop half a point as equities rally

TOKYO, March 14 (Reuters) - Japanese government bond futures extended losses on Wednesday, losing half a point in afternoon trading as equities surged after the Federal Reserve highlighted signs of strength in the economy.

Ten-year JGB futures slipped 0.52 point to 141.95, while the yield on the latest 10-year JGB rose 3.5 basis points to a seven-week high of 1.005 percent.

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