Thursday, July 5, 2007

JGBs fall on Nikkei gains, euro zone bond weakness

(Reuters) - JGBs pulled further away from three-week highs hit earlier
in the week, with investors cautious about buying while 10-year
yields remain near the middle of the 1.85-1.95 percent range
that has held for the last few weeks.




"The market extended losses, probably led by declines in
futures, while domestic investors were seen selling on the
upside," said Takafumi Yamawaki, a fixed income strategist at
Morgan Stanley.


Read more at Reuters.com Bonds News

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