Tokyo share index falls following US trend

The Nikkei 225 index has closed at 13,895.79, down 171.91, following declines on Wall Street.

The dollar was at 119.93 yen in Tokyo trading, up from 119.80 in late New York trading, and at 0.8554 agaionst the euro, compared with 0.8571 in New York.

Dealers said the dollar was higher against the yen on rumours of rate-checking by the Bank of Japan.

Government bond yields were lower, with bond No 230 yielding 1.270%, down from 1.295% yesterday, and No 231 yielding 1.290%, down from 1.310% yesterday.

The US 30-year bond was at 94-3/32, yielding 5.795%, compared with 94-4/32, yielding 5.789% in late New York trading.