Wednesday, June 20, 2007

JGBs fall as overseas bond prices drop, auction eyed

(Reuters) - Expectations that the BOJ will boost interest rates to a
12-year high of 0.75 percent from the current 0.50 percent in the
July-September quarter have weighed on JGBs, with September
futures striking a seven-year low last week.




The market now sees the BOJ as most likely to lift rates in
August.


Read more at Reuters.com Bonds News

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