Monday, June 4, 2007

JGBs inch up on Treasuries, futures off 9-month low

(Reuters) - JGBs had been sold off heavily over the past two weeks in
line with a steady rise in yields on euro zone government bonds
and Treasuries, and as solid Japanese jobs and production data
reinforced the view that the Bank of Japan may hike rates as
early as August.




The benchmark 10-year yield scaled the key 1.8 percent mark
on Monday, a seven-month high, while the five-year yield touched
a 10-month high of 1.4 percent.


Read more at Reuters.com Bonds News

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