(Reuters) - Dealers expected the market to trade narrowly on Thursday, although prices would be supported on short covering ahead of the widely anticipated March non-farm payrolls report due on Friday, when trading will be limited due to the Easter holidays.
"It's a little better bid ... The ADP jobs data definitely points to a lower-than-consensus number ," said Adam Mackillop, head of U.S. rates trading at Barclays Capital in Tokyo. "Risk reward favours a small long position going into the jobs data.
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