Friday, June 8, 2007

Global government bond yield at 6-1/2 yr highs

(Reuters) - Global government bond yields set fresh 6-1/2 year highs earlier on Friday and were on track for their biggest two-week gain in a year, according to a key measure of world borrowing costs.

Lehman Brothers' Aggregate Global Treasury index showed the yield on a global basket of government bonds hit 3.9 percent as of the close on Thursday and around the world most yields continued to rise on Friday.


Read more at Reuters Africa

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