(Reuters) - Japanese government bonds rose, mirroring gains in U.S. Treasuries that followed Tuesday's data showing U.S. existing home sales posted their biggest monthly drop in 18 years and consumer sentiment hit an eight-month low.
The lacklustre numbers weighed on Wall Street -- and shares in Asian companies with significant U.S. sales -- and reinforced expectations the Federal Reserve may cut interest rates in the world's biggest economy from 5.25 percent this year.
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