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Tokyo stocks fall 809 points in morning session, dragged down by AI and semiconductor-related shares
The benchmark June Japanese government bond (JGB) futures contract rebounded in Friday's morning session. Higher U.S. Treasury prices (lower yields) on Thursday supported domestic bond prices.
Front-month July WTI crude oil futures declined in U.S. trading following reports of an Israel-Lebanon ceasefire agreement. U.S. long-term yields fell as inflation concerns receded. In the JGB market, a wait-and-see mood prevailed ahead of the U.S. employment data scheduled for Friday evening, Japan time.
The June futures contract ended the morning session at 128.93 yen, up 15 sen from Thursday's close. The benchmark 10-year JGB yield declined to trade at 2.660%.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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