Sunday, May 20, 2007

JGBs slip on Nikkei rise, falls in Treasuries

(Reuters) - Instead, investors were likely to take their cues from
auctions of 15-year floating rate bonds and 20-year bonds later
this week, as well as Japanese economic data for April due
towards the end of the month.




"U.S. Treasury yields rose to 4.8 percent and that seems to
be prompting some selling of JGBs," said Naomi Hasegawa, senior
fixed income strategist for Mitsubishi UFJ Securities.


Read more at Reuters.com Bonds News

No comments: