Japanese Government Bond Futures Shows Hope

Japanese government bond futures recouped early losses to end slightly higher on the Tokyo Exchange Friday, as selling on major economies’ concerted market intervention to stem the yen’s appreciation failed to maintain its strength.

The lead June contract on 10-year JGBs closed 0.04 point higher at 139.74. Turnover fell to 14,377 contracts from Thursday’s 18,898.

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