Wednesday, April 18, 2007

TREASURIES-Extend rally in Asia on stock sell-off

(Reuters) - The slide in equities also lifted Japanese government bond futures from a three-month low and prompted a round of yen short covering. S&P 500 futures pointed to a weaker open on Wall Street.

"The sharp falls in Asian equity market reminded investors of the global stock sell-off that began in late February, supporting Treasuries," said a trader at a Japanese bank.


Read more at Reuters.com Bonds News

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