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Cash bonds, futures prices rise in morning deals.


TOKYO, Nov. 17 Kyodo

Prices of 10-year Japanese government bonds and JGB JGB Jerry Garcia Band
JGB Japanese Government Bond
JGB Just Got Back
JGB J Geils Band
JGB JG Ballard (science fiction author) 
 futures rose slightly Wednesday morning on favorable results of the 20-year bond auction the previous day.

In interdealer trading, the yield on the key No. 264 November 10-year, 1.5 percent issue lost 0.005 percentage point from Tuesday to end the morning at 1.460 percent.

The price of the benchmark December futures contract for 10-year bonds rose 0.08 point to 138.38 on the Tokyo Stock Exchange Tokyo Stock Exchange

Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai.
, pushing the yield down 0.007 percentage point to 1.562 percent.

Bond prices move inversely to yields.
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Publication:Japan Weekly Monitor
Date:Nov 24, 2004
Words:100
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