(Reuters) - JGBs initially slipped as U.S. Treasuries steadied from this
week's gains on the subprime mortgage troubles. But as the Nikkei
share average fell 0.9 percent to a two-month low in late
trade, the market trimmed just about all its losses.
Trade was subdued as market players remained cautious before
Friday's report on consumer prices and Sunday's upper house
election in Japan. Most investors believe the Bank of Japan is
likely to raise interest rates next month.
Read more at Reuters.com Bonds News
week's gains on the subprime mortgage troubles. But as the Nikkei
share average fell 0.9 percent to a two-month low in late
trade, the market trimmed just about all its losses.
Trade was subdued as market players remained cautious before
Friday's report on consumer prices and Sunday's upper house
election in Japan. Most investors believe the Bank of Japan is
likely to raise interest rates next month.
Read more at Reuters.com Bonds News
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