Monday, June 11, 2007

TREASURIES-Resume slide in Asia as investors trim losses

(Reuters) - Investors in Asia such as Japanese banks took the gains as a
good opportunity to sell to get out of positions and limit
losses as the sell-offs over the past week had been very sharp,
traders said.




"Prices are falling in Asia and I assume it's due to selling
by Japanese investors who had not been able to liquidate their
positions as the sell-off had been very steep and speedy," said
a dealer at a big Japanese bank.


Read more at Reuters.com Bonds News

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