{"id":8630,"date":"2008-09-17T00:00:00","date_gmt":"2008-09-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"jgbs-jump-on-safe-haven-bids-after-lehman-collapse","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/jgbs-jump-on-safe-haven-bids-after-lehman-collapse.html","title":{"rendered":"JGBs jump on safe-haven bids after Lehman collapse"},"content":{"rendered":"<p>Reuters Tokyo &#8211; Japanese government bond futures soared by their daily limit of 3 full points on Tuesday and 10-year yields hit a five-month low on safe-haven buying in the wake of the collapse of Lehman Brothers.       <\/p>\n<p>Global stock markets and crude oil prices plunged on Monday after Lehman, crushed by losses from the U.S. mortgage crisis and unable to find a buyer, sought bankruptcy protection.<\/p>\n<p>&quot;A pretty sharp increase in credit risk and worries about credit seems inevitable,&quot; said Naomi Hasegawa, senior fixed income strategist for Mitsubishi UFJ Securities.<\/p>\n<p>Growing expectations that the U.S. Federal Reserve may lower interest rates at a policy meeting later on Tuesday were also giving a lift to JGBs and euroyen futures, Hasegawa said.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" border=\"0\" width=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/393977674\" \/><br \/>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/393977674\/idUKARO62788020080916\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters Tokyo &#8211; Japanese government bond futures soared by their daily limit of 3 full points on Tuesday and 10-year yields hit a five-month low on safe-haven buying in the wake of the collapse of Lehman Brothers. Global stock markets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1753,136,2029,2508,207,410,1182,1181,426,117,96,853,2416,1643,439,2511,898],"class_list":["post-8630","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-aladdin","tag-allocations","tag-bankruptcy-code","tag-capital-ratios","tag-commodities","tag-currencies","tag-distressed-debt","tag-financial-modeling","tag-government-approval","tag-investment-arm","tag-lehman-brothers-holdings","tag-paris","tag-soren","tag-subprime-loan-crisis","tag-sumitomo","tag-swap-spreads","tag-trust-funds"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8630"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8630\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}