1.   Short-term securities in particular, such as bonds maturing in two to five years, benefited from receding concern about higher interest rates.

2.   U.S. stocks rose amid receding concern that inflation and higher interest rates will impede profit growth later this year.

3.   Prices rose on the back of the sustained Wall Street rally and receding concerns over immediate interest rate hikes in Japan and the United States, brokers said.

4.   Receding concerns over the impact on global capital markets of the collapse of troubled US retail giant Kmart also offered support, dealers said.

5.   Receding concerns over the sharp appreciation of the yen bolstered export-oriented firms such as autos, dealers said.