Tuesday, May 22, 2007

JGBs slide due to fall in Treasuries, Nikkei rise

(Reuters) - Comments by Bank of Japan board member Atsushi Mizuno
reported by Jiji news agency on Tuesday were one factor behind
the weakness in JGBs, said Naomi Hasegawa, a senior fixed income
strategist for Mitsubishi UFJ Securities.




"Mizuno's comments have weighed on short-term bonds, and
Treasury yields rose to 4.8 percent, so sentiment isn't very
good," Hasegawa said.


Read more at Reuters.com Bonds News

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