JGB futures eke out gains despite weak auction

(Reuters) - With a raft of events including the auction, the Bank of
Japan's tankan survey of business sentiment and consumer price
data out of the way, investors are sticking to the sidelines
ahead of the central bank's policy meeting next week.




Traders said while investors may feel comfortable holding
bonds at current yield levels, which have factored in a BOJ rate
hike as early as August, expectations of rising interest rates
will keep them from chasing yields lower.


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