(Reuters) - Gains were tempered, however, as expectations for a Bank of
Japan rate rise to 0.75 percent from 0.5 percent as early as
August remain firmly entrenched in the market, analysts said.
JGBs drew some strength from gains in Treasuries on Monday
and extended their gains after the Finance Ministry said it was
offering 10-year bonds with a coupon of 1.9 percent, up from 1.8
percent at the previous 10-year offer.
It was the first time the coupon for a 10-year JGB was set at
1.9 percent since an auction last August.
Read more at Reuters.com Bonds News
Japan rate rise to 0.75 percent from 0.5 percent as early as
August remain firmly entrenched in the market, analysts said.
JGBs drew some strength from gains in Treasuries on Monday
and extended their gains after the Finance Ministry said it was
offering 10-year bonds with a coupon of 1.9 percent, up from 1.8
percent at the previous 10-year offer.
It was the first time the coupon for a 10-year JGB was set at
1.9 percent since an auction last August.
Read more at Reuters.com Bonds News
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