Wednesday, May 16, 2007

JGBs jump as players square positions before GDP

(Reuters) - Some investors were looking to pick up bonds as a large amount of intermediate- to long-term JGBs are due to mature next month, analysts said.

"People who needed to buy JGBs before the June redemption bought today," said Mari Iwashita, a senior fixed-income strategist at Daiwa Securities SMBC.


Read more at Reuters.com Bonds News

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