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Japan gov't bond futures prices rise despite S&P downgrade.

Publication: Japan Weekly Monitor
Publication Date: 03-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Nov. 28 Kyodo

Prices of 10-year Japanese government bond futures closed higher Wednesday, despite the fact that U.S. credit-rating agency Standard & Poor's Corp. (S&P) lowered its long-term local and foreign currency sovereign credit ratings on Japan to AA from AA-plus the same day.

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