Category: Currency Currents
- Published: 11 June 2010
- Written by Editor
About time for JGB fall and USDJPY rise don’t ya think?
TOKYO, June 11 (Reuters) - Japanese government bonds fell on Friday, with JGB futures sliding from a two-year peak hit earlier in the week as a jump in stocks prompted investors to book profits on a sharp bond rally over the last two months.
Yes indeed, a two-year peak in Japanese Government Bond futures. We think it could be time for money to start flowing out of Japanese bonds and into some relatively riskier investments inside and outside of Japan.