Friday, April 6, 2007

JGB futures inch up ahead of US data, BOJ meeting

(Reuters) - JGBs initially tracked a drop in Treasuries, which fell on Thursday on concern that a big rise in U.S. jobs could reduce the chances of a near-term interest rate cut by the Federal Reserve.

U.S. non-farm payrolls data for March, due out later in the session, is expected to show a rise of 120,000, compared with a gain of 97,000 jobs in February.


Read more at Reuters.com Bonds News

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