Thursday, July 12, 2007

JGBs fall on weak Treasuries, Nikkei surge

(Reuters) - Super-long maturities were weighed down by concerns about
auctions later in the month, while investors wary of the sharp
rebound in stocks unwound their holdings of medium-term JGBs.




Comments by Bank of Japan Governor Toshihiko Fukui the
previous day that were seen as signalling a rate hike as early as
August also kept buyers on the sidelines, traders said.


Read more at Reuters.com Bonds News

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