Thursday, May 10, 2007

JGB futures climb as Nikkei falls, Treasuries rise

(Reuters) - But gains in JGBs were limited as investors were wary that better-than-expected first-quarter growth data due next week could prompt the Bank of Japan to raise rates in the third quarter.

"Investors will continue to find it difficult to trade actively until they see GDP data," said Hiroyoshi Sandaya, a JGB strategist at Goldman Sachs.


Read more at Reuters.com Bonds News

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