Sunday, June 24, 2007

JGBs follow Treasuries higher before Japan data

(Reuters) - Investors are awaiting figures on industrial output, consumer
prices, household spending and employment. Strong readings would
add to the view that the economy is on a solid footing, and that
the Bank of Japan may raise rates in August.




"Prices could edge up a bit more, but given the upcoming
events, gains should be capped in the near term," said Tetsuya
Miura, bond strategist at Shinko Securities.


Read more at Reuters.com Bonds News

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