Tuesday, June 12, 2007

JGB futures dip on rate concern, fair auction helps

(Reuters) - The yield on two-year notes, the most sensitive to changes in
the monetary policy outlook, struck a decade high as nervous
investors shunned bonds with shorter maturities ahead of a
two-day BOJ policy meeting that ends on Friday.




Bond investors said ongoing weakness in Treasuries which
pushed U.S. 10-year yields near 5-year highs was also depressing
sentiment.


Read more at Reuters.com Bonds News

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