JGB futures narrow gain

Posted by 7Star Sunday, March 8, 2009

Japanese government bonds rose on Friday as a slide in Tokyo stocks on worries about the US auto sector and the health of the US banking system led investors to seek safety in government debt. JGB futures also took their cue from a rally in US Treasuries, which gained on a fall in share prices and worries about US jobs figures due on Friday that are expected to paint a bleak picture of the labour market.

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