Thursday, June 14, 2007

JGBs rebound on short covering, eyes on BOJ

(Reuters) - Another focus of the meeting is whether some members of the
BOJ policy board vote for a rate hike -- a move that would fuel
speculation of an earlier rate increase.




"Market players had oversold JGBs, given that inflation
pressure in the Japanese economy is nil, and now they are buying
them back," said Susumu Kato, chief strategist at Calyon Capital
Markets.


Read more at Reuters.com Bonds News

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