Monday, May 28, 2007

JGB futures recover from 7-month lows, end flat

(Reuters) - Expectations that interest rates will rise in the coming
months weighed on market sentiment, pushing the two-year yield to
a 10-year high ahead of key economic data and speeches by Bank of
Japan officials later this week.




"Market players are sensing that an early rate hike could
become a reality, that rates could be raised during the
July-September period," said Akito Fukunaga, a fixed income
strategist at Credit Suisse.


Read more at Reuters.com Bonds News

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