Tuesday, May 8, 2007

JGBs fall ahead of Fukui, Fed meeting eyed

(Reuters) - The yield on two-year notes hit a 10-month high earlier in the session as investors bet that shorter maturities will underperform longer-dated bonds on expectations that the BOJ will further boost interest rates.

Investors believe that better-than-expected growth data for the January-March quarter due on May 17 could lead to a rate rise in the July-September quarter.


Read more at Reuters.com Bonds News

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