Thursday, May 31, 2007

JGBs fall on stocks rebound, BOJ move eyed

(Reuters) - Short-term bonds remained under pressure as investors have
grown wary about a rate hike by the Bank of Japan in the coming
months, sending two-year yields to a 10-year high.




"While the stock market is approaching 18,000 and overseas
bonds are bottoming out in the U.S. and Europe, the JGB market
is turning bearish," said Makoto Yamashita, chief JGB strategist
at Lehman Brothers.


Read more at Reuters.com Bonds News

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