Monday, July 23, 2007

JGB futures hit six-week high as stocks dip

(Reuters) - Activity was subdued as many market players kept to the
sidelines on lingering worries over problems in the subprime
mortgage sector spilling over into the broader economy. On Friday
U.S. benchmark 10-year yields fell to their lowest level since
early June.




Investors also awaited the outcome of the upper house
election on July 29, as well as remarks by BOJ Governor Toshihiko
Fukui, who will speak on short-term money markets at 0730 GMT.


Read more at Reuters.com Bonds News

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