Monday, 06 August 2007

JGB futures hit 10-wk high as investors seek safety

(Reuters) - September futures surged 0.55 point to 133.97, the
highest since late May, after Treasuries rose late last week on
persistent worries about problems in the U.S. subprime market.




Such concerns battered U.S. stocks then and Standard &
Poor's 500 index and the Nasdaq Composite Index
on Friday posted their worst one-day percentage drops since a
global sell-off in equities in late February.


Read more at Reuters.com Bonds News

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